Helping You Build Wealth With Honest Research
Since 1996. Read On...

MEMBER'S LOGINX

     
Invalid Username / Password
   
     
   
     
 
Invalid Captcha
   
 
 
 
(Please do not use this option on a public machine)
 
     
 
 
 
  Sign Up | Forgot Password?  

ION EXCHANGE Gains 5%; BSE CAPITAL GOODS Index Down 0.0%
Mon, 19 Aug 12:34

ION EXCHANGE Gains 5%; BSE CAPITAL GOODS Index Down 0.0%Image source: peterschreiber.media/www.istockphoto.com

ION EXCHANGE share price has zoomed 5% and is presently trading at Rs 696.0.

Meanwhile, the BSE CAPITAL GOODS index is at 72,814.6 .

Among the top gainers in the BSE CAPITAL GOODS index today are ADANI GREEN ENERGY (up 2.6%) and Honeywell Automation (up 1.5%).

V GUARD IND. (down 7.4%) and Finolex Cables (down 2.1%) are among the top losers today.

Over the last one year, ION EXCHANGE has moved up from Rs 512.8 to Rs 696.0, registering a gain of Rs 183.2 (up 35.7%).

On the other hand, the BSE CAPITAL GOODS index has moved up from 43,332.6 to 72,814.6, registering a gain of 68.0% during the last 12 months.

The top gainers among the BSE CAPITAL GOODS index stocks during this same period were BHEL (up 190.8%), HINDUSTAN AERO. (up 147.0%) and Bharat Electronics (up 132.1%).

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

What About the Benchmark Indices?

The BSE Sensex is at 80,419.9 .

The top losers among the BSE Sensex today are M&M (down 2.0%) and Bharti Airtel (down 1.2%). The most traded stocks in the BSE Sensex are Tata Steel and NTPC.

In the meantime, NSE Nifty is at 24,556.6 (up 0.1%). Hindalco and BPCL are among the top gainers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 65,401.9 to 80,419.9, registering a gain of 15,018.0 points (up 23.0%).

ION EXCHANGE Financial Update...

ION EXCHANGE net profit grew 33.4% YoY to Rs 444 million for the quarter ended June 2024, compared to a profit of Rs 333 million a year ago. Net sales rose 18.4% to Rs 5,676 million during the period as against Rs 4,792 million in April-June 2023.

For the year ended March 2024, ION EXCHANGE reported 0.2% increase in net profit to Rs 1,954 million compared to net profit of Rs 1,950 million during FY23. Revenue of the company grew 18.0% to Rs 23,478 million during FY24.

The current Price to earnings ratio of ION EXCHANGE, based on rolling 12 month earnings, stands at 49.8.


Equitymaster requests your view! Post a comment on "ION EXCHANGE Gains 5%; BSE CAPITAL GOODS Index Down 0.0%". Click here!