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WARDWIZARD INNOVATIONS Plunges 3%; BSE AUTO Index Down 0.3%
Tue, 2 Jul 10:8

WARDWIZARD INNOVATIONS Plunges 3%; BSE AUTO Index Down 0.3%Image source: ThinkNeo/www.istockphoto.com

WARDWIZARD INNOVATIONS share price has plunged 3% and is presently trading at Rs 59.3.

Meanwhile, the BSE AUTO index is at 57,326.6 (down 0.3%).

Among the top losers in the BSE AUTO index today are TUBE INVESTMENTS OF INDIA (down 1.6%) and Tata Motors (down 1.2%).

Motherson Sumi (up 1.1%) and Bosch (up 0.7%) are among the top gainers today.

Over the last one year, WARDWIZARD INNOVATIONS has moved up from Rs 47.5 to Rs 59.3, registering a gain of Rs 11.8 (up 24.7%).

On the other hand, the BSE AUTO index has moved up from 34,296.5 to 57,326.6, registering a gain of 67.1% during the last 12 months.

The top gainers among the BSE AUTO index stocks during this same period were Motherson Sumi (up 131.9%), Cummins India (up 109.4%) and M&M (up 105.7%).

Dear Reader: If You Invest in Midcap Stocks, this is for You

What About the Benchmark Indices?

The BSE Sensex is at 79,466.4 .

The top losers among the BSE Sensex today are Bajaj Finance (down 2.1%) and Kotak Bank (down 2.0%). The most traded stocks in the BSE Sensex are Tata Steel and Tata Motors.

In the meantime, NSE Nifty is at 24,136.5 . HDFC LIFE INSURANCE and SBI LIFE INSURANCE are among the top losers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 63,915.4 to 79,466.4, registering a gain of 15,551.0 points (up 24.3%).

WARDWIZARD INNOVATIONS Financial Update...

WARDWIZARD INNOVATIONS net profit grew 326.0% YoY to Rs 40 million for the quarter ended March 2024, compared to a profit of Rs 9 million a year ago. Net sales rose 153.5% to Rs 1,281 million during the period as against Rs 505 million in January-March 2023.

For the year ended March 2023, WARDWIZARD INNOVATIONS reported 4.4% increase in net profit to Rs 89 million compared to net profit of Rs 85 million during FY22. Revenue of the company grew 29.5% to Rs 2,389 million during FY23.

The current Price to earnings ratio of WARDWIZARD INNOVATIONS, based on rolling 12 month earnings, stands at 115.1.


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