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GMM PFAUDLER Gains 8%; BSE CAPITAL GOODS Index Up 0.5%
Wed, 28 Aug 9:27

GMM PFAUDLER Gains 8%; BSE CAPITAL GOODS Index Up 0.5%Image source: Sefa Ozel/www.istockphoto.com

GMM PFAUDLER share price has zoomed 8% and is presently trading at Rs 1,467.3.

Meanwhile, the BSE CAPITAL GOODS index is at 74,005.9 (up 0.5%).

Among the top gainers in the BSE CAPITAL GOODS index today are Graphite India (up 1.0%) and AIA Engineering (up 0.9%).

Bharat Forge (down 0.6%) and ADANI GREEN ENERGY (down 0.5%) are among the top losers today.

Over the last one year, GMM PFAUDLER has moved down from Rs 1,548.0 to Rs 1,467.3, registering a loss of Rs 80.7 (down 5.2%).

On the other hand, the BSE CAPITAL GOODS index has moved up from 44,593.2 to 74,005.9, registering a gain of 66.0% during the last 12 months.

The top gainers among the BSE CAPITAL GOODS index stocks during this same period were BHEL (up 171.8%), HINDUSTAN AERO. (up 141.7%) and Bharat Electronics (up 124.5%).

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What About the Benchmark Indices?

The BSE Sensex is at 81,804.1 (up 0.1%).

The top gainers among the BSE Sensex today are M&M (up 1.1%) and Tata Motors (up 0.7%). The most traded stocks in the BSE Sensex are Tata Steel and ITC.

In the meantime, NSE Nifty is at 25,027.8 . LTIMINDTREE and M&M are among the top gainers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 64,996.6 to 81,804.1, registering a gain of 16,807.5 points (up 25.9%).

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 42.9.


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