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GMM PFAUDLER Plunges 4%; BSE CAPITAL GOODS Index Down 0.7%
Thu, 8 Aug 9:27

GMM PFAUDLER Plunges 4%; BSE CAPITAL GOODS Index Down 0.7%Image source: phive2015/www.istockphoto.com

GMM PFAUDLER share price has plunged 4% and is presently trading at Rs 1,361.4.

Meanwhile, the BSE CAPITAL GOODS index is at 71,659.6 (down 0.7%).

Among the top losers in the BSE CAPITAL GOODS index today are Siemens (down 1.7%) and SCHAEFFLER INDIA (down 1.4%).

AIA Engineering (up 1.6%) and V GUARD IND. (up 0.6%) are among the top gainers today.

Over the last one year, GMM PFAUDLER has moved down from Rs 1,447.4 to Rs 1,361.4, registering a loss of Rs 86.1 (down 5.9%).

On the other hand, the BSE CAPITAL GOODS index has moved up from 43,182.8 to 71,659.6, registering a gain of 65.9% during the last 12 months.

The top gainers among the BSE CAPITAL GOODS index stocks during this same period were BHEL (up 212.6%), HINDUSTAN AERO. (up 151.2%) and Bharat Electronics (up 132.5%).

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What About the Benchmark Indices?

The BSE Sensex is at 79,199.0 (down 0.3%).

The top losers among the BSE Sensex today are JSW Steel (down 1.6%) and Infosys (down 1.5%). The most traded stocks in the BSE Sensex are Tata Steel and Nestle.

In the meantime, NSE Nifty is at 24,230.3 (down 0.3%). Shriram Transport and Infosys are among the top losers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 65,953.5 to 79,199.0, registering a gain of 13,245.5 points (up 20.1%).

GMM PFAUDLER Financial Update...

GMM PFAUDLER net profit fell 52.2% YoY to Rs 239 million for the quarter ended June 2024, compared to a profit of Rs 500 million a year ago. Net sales declined 13.9% to Rs 7,852 million during the period as against Rs 9,123 million in April-June 2023.

For the year ended March 2024, GMM PFAUDLER reported 17.2% decrease in net profit to Rs 1,741 million compared to net profit of Rs 2,104 million during FY23. Revenue of the company grew 8.5% to Rs 34,465 million during FY24.

The current Price to earnings ratio of GMM PFAUDLER, based on rolling 12 month earnings, stands at 39.8.


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