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BANSAL WIRE INDUSTRIES LTD. Gains 5%; BSE METAL Index Down 0.8%
Thu, 29 Aug 13:54

BANSAL WIRE INDUSTRIES LTD. Gains 5%; BSE METAL Index Down 0.8%Image source: Chunumunu/www.istockphoto.com

BANSAL WIRE INDUSTRIES LTD. share price has zoomed 5% and is presently trading at Rs 405.8.

Meanwhile, the BSE METAL index is at 32,252.4 (down 0.8%).

Among the top gainers in the BSE METAL index today is APOLLO TUBES (up 1.4%).

Hindustan Zinc (down 2.3%) and NMDC (down 1.4%) are among the top losers today.

Over the last one year, BANSAL WIRE INDUSTRIES LTD. has moved up from Rs 0.0 to Rs 405.8, registering a gain of Rs 405.8 .

On the other hand, the BSE METAL index has moved up from 21,357.5 to 32,252.4, registering a gain of 51.0% during the last 12 months.

The top gainers among the BSE METAL index stocks during this same period were Coal India (up 127.9%), Vedanta (up 93.9%) and NMDC (up 82.4%).

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

What About the Benchmark Indices?

The BSE Sensex is at 82,201.6 (up 0.5%).

The top gainers among the BSE Sensex today are Bajaj Finance (up 2.8%) and Bajaj Finserv (up 2.5%). The most traded stocks in the BSE Sensex are Tata Steel and HDFC Bank.

In the meantime, NSE Nifty is at 25,140.1 (up 0.4%). Bajaj Finserv and Bajaj Finance are among the top gainers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 64,996.6 to 82,201.6, registering a gain of 17,205.0 points (up 26.5%).

BANSAL WIRE INDUSTRIES LTD. Financial Update...

BANSAL WIRE INDUSTRIES LTD. net profit fell {profitpercent} YoY to Rs 315 million for the quarter ended June 2024, compared to a profit of Rs {profitnumberprev} million a year ago. Net sales declined {salespercent} to Rs 8,169 million during the period as against Rs {salesnumberprev} million in {quarterprev}.

For the year ended March 2024, BANSAL WIRE INDUSTRIES LTD. reported 31.5% increase in net profit to Rs 788 million compared to net profit of Rs 599 million during FY23. Revenue of the company grew 2.2% to Rs 24,660 million during FY24.


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