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G R INFRAPROJECTS Plunges 5%; BSE CAPITAL GOODS Index Down 1.3%
Fri, 2 Aug 10:41

G R INFRAPROJECTS Plunges 5%; BSE CAPITAL GOODS Index Down 1.3%Image source: StarLineArts/www.istockphoto.com

G R INFRAPROJECTS share price has plunged 5% and is presently trading at Rs 1,671.1.

Meanwhile, the BSE CAPITAL GOODS index is at 73,742.5 (down 1.3%).

Among the top losers in the BSE CAPITAL GOODS index today are Graphite India (down 2.8%) and SCHAEFFLER INDIA (down 2.5%).

V GUARD IND. (up 1.7%) is among the top gainers today.

Over the last one year, G R INFRAPROJECTS has moved up from Rs 1,331.8 to Rs 1,671.1, registering a gain of Rs 339.3 (up 25.5%).

On the other hand, the BSE CAPITAL GOODS index has moved up from 44,045.9 to 73,742.5, registering a gain of 67.4% during the last 12 months.

The top gainers among the BSE CAPITAL GOODS index stocks during this same period were BHEL (up 195.0%), HINDUSTAN AERO. (up 138.4%) and Bharat Electronics (up 134.7%).

Must See: These Segments are Witnessing Incredible Growth with Modi's Push

What About the Benchmark Indices?

The BSE Sensex is at 81,071.9 (down 1.0%).

The top losers among the BSE Sensex today are Tata Motors (down 3.7%) and Maruti Suzuki (down 3.6%). The most traded stocks in the BSE Sensex are Tata Steel and Tata Motors.

In the meantime, NSE Nifty is at 24,803.7 (down 0.8%). Tata Motors and Maruti Suzuki are among the top losers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 66,527.7 to 81,071.9, registering a gain of 14,544.3 points (up 21.9%).

G R INFRAPROJECTS Financial Update...

G R INFRAPROJECTS net profit fell 65.2% YoY to Rs 1,077 million for the quarter ended June 2024, compared to a profit of Rs 3,098 million a year ago. Net sales declined 18.1% to Rs 20,303 million during the period as against Rs 24,782 million in April-June 2023.

For the year ended March 2023, G R INFRAPROJECTS reported 74.8% increase in net profit to Rs 14,544 million compared to net profit of Rs 8,319 million during FY22. Revenue of the company grew 12.1% to Rs 94,815 million during FY23.

The current Price to earnings ratio of G R INFRAPROJECTS, based on rolling 12 month earnings, stands at 14.5.


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