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GMM PFAUDLER Gains 4%; BSE CAPITAL GOODS Index Up 0.1%
Thu, 22 Aug 15:7

GMM PFAUDLER Gains 4%; BSE CAPITAL GOODS Index Up 0.1%Image source: Eoneren/www.istockphoto.com

GMM PFAUDLER share price has zoomed 4% and is presently trading at Rs 1,376.3.

Meanwhile, the BSE CAPITAL GOODS index is at 73,164.6 (up 0.1%).

Among the top gainers in the BSE CAPITAL GOODS index today are Thermax (up 1.5%) and Bharat Forge (up 1.3%).

V GUARD IND. (down 2.3%) and ADANI GREEN ENERGY (down 2.2%) are among the top losers today.

Over the last one year, GMM PFAUDLER has moved down from Rs 1,503.9 to Rs 1,376.3, registering a loss of Rs 127.7 (down 8.5%).

On the other hand, the BSE CAPITAL GOODS index has moved up from 43,641.7 to 73,164.6, registering a gain of 67.6% during the last 12 months.

The top gainers among the BSE CAPITAL GOODS index stocks during this same period were BHEL (up 196.6%), HINDUSTAN AERO. (up 149.3%) and Bharat Electronics (up 135.1%).

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What About the Benchmark Indices?

The BSE Sensex is at 81,012.0 (up 0.1%).

The top gainers among the BSE Sensex today are Bharti Airtel (up 1.5%) and Tata Steel (up 1.4%). The most traded stocks in the BSE Sensex are Tata Steel and Bharti Airtel.

In the meantime, NSE Nifty is at 24,813.8 (up 0.2%). Grasim Industries and Tata Consumer Products are among the top gainers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 65,216.1 to 81,012.0, registering a gain of 15,795.9 points (up 24.2%).

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 40.3.


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