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V GUARD IND. Gains 5%; BSE CAPITAL GOODS Index Up 0.3%
Mon, 12 Aug 14:31

V GUARD IND. Gains 5%; BSE CAPITAL GOODS Index Up 0.3%Image source: alexsl/www.istockphoto.com

V GUARD IND. share price has zoomed 5% and is presently trading at Rs 495.2.

Meanwhile, the BSE CAPITAL GOODS index is at 72,745.3 (up 0.3%).

Among the top gainers in the BSE CAPITAL GOODS index today are Graphite India (up 3.9%) and AIA Engineering (up 2.2%).

ABB (down 3.0%) and TIMKEN INDIA (down 2.4%) are among the top losers today.

Over the last one year, V GUARD IND. has moved up from Rs 286.0 to Rs 495.2, registering a gain of Rs 209.2 (up 73.2%).

On the other hand, the BSE CAPITAL GOODS index has moved up from 43,202.8 to 72,745.3, registering a gain of 68.4% during the last 12 months.

The top gainers among the BSE CAPITAL GOODS index stocks during this same period were BHEL (up 204.2%), HINDUSTAN AERO. (up 151.1%) and Bharat Electronics (up 134.1%).

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What About the Benchmark Indices?

The BSE Sensex is at 79,862.6 (up 0.2%).

The top gainers among the BSE Sensex today are Axis Bank (up 1.9%) and JSW Steel (up 1.6%). The most traded stocks in the BSE Sensex are Tata Steel and SBI.

In the meantime, NSE Nifty is at 24,407.9 (up 0.2%). Axis Bank and Hero Motocorp are among the top gainers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 65,846.5 to 79,862.6, registering a gain of 14,016.1 points (up 21.3%).

V GUARD IND. Financial Update...

V GUARD IND. net profit grew 54.1% YoY to Rs 990 million for the quarter ended June 2024, compared to a profit of Rs 642 million a year ago. Net sales rose 21.6% to Rs 14,771 million during the period as against Rs 12,148 million in April-June 2023.

For the year ended March 2024, V GUARD IND. reported 36.2% increase in net profit to Rs 2,576 million compared to net profit of Rs 1,891 million during FY23. Revenue of the company grew 17.7% to Rs 48,567 million during FY24.

The current Price to earnings ratio of V GUARD IND., based on rolling 12 month earnings, stands at 73.7.


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