RAM RAT.WIRE share price has zoomed 4% and is presently trading at Rs 462.0.
Meanwhile, the BSE METAL index is at 30,701.5 (up 1.3%).
Among the top gainers in the BSE METAL index today are SAIL (up 2.4%) and Hindalco (up 2.3%).
Hindustan Zinc (down 6.6%) and APOLLO TUBES (down 0.6%) are among the top losers today.
Over the last one year, RAM RAT.WIRE has moved up from Rs 295.2 to Rs 462.0, registering a gain of Rs 166.8 (up 56.5%).
On the other hand, the BSE METAL index has moved up from 21,481.0 to 30,701.5, registering a gain of 42.9% during the last 12 months.
The top gainers among the BSE METAL index stocks during this same period were Coal India (up 116.8%), Vedanta (up 82.5%) and NMDC (up 78.7%).
Must See: These Segments are Witnessing Incredible Growth with Modi's Push
The BSE Sensex is at 79,906.0 (up 1.0%).
The top gainers among the BSE Sensex today are M&M (up 2.9%) and Tata Motors (up 2.4%). The most traded stocks in the BSE Sensex are Tata Steel and Nestle.
In the meantime, NSE Nifty is at 24,391.7 (up 1.0%). M&M and Tata Motors are among the top gainers in NSE NIFTY.
Over the last 12 months, the BSE Sensex has moved up from 65,401.9 to 79,906.0, registering a gain of 14,504.1 points (up 22.2%).
RAM RAT.WIRE net profit grew 81.1% YoY to Rs 163 million for the quarter ended June 2024, compared to a profit of Rs 90 million a year ago. Net sales rose 23.1% to Rs 8,915 million during the period as against Rs 7,244 million in April-June 2023.
For the year ended March 2024, RAM RAT.WIRE reported 16.2% increase in net profit to Rs 546 million compared to net profit of Rs 470 million during FY23. Revenue of the company grew 12.6% to Rs 29,832 million during FY24.
The current Price to earnings ratio of RAM RAT.WIRE, based on rolling 12 month earnings, stands at 33.0.
Equitymaster requests your view! Post a comment on "RAM RAT.WIRE Gains 4%; BSE METAL Index Up 1.3%". Click here!
Comments are moderated by Equitymaster, in accordance with the Terms of Use, and may not appear
on this article until they have been reviewed and deemed appropriate for posting.
In the meantime, you may want to share this article with your friends!