RAMA VISION share price has plunged 5% and is presently trading at Rs 117.8.
Meanwhile, the BSE CAPITAL GOODS index is at 71,992.3 (up 0.6%).
Among the top losers in the BSE CAPITAL GOODS index today are V GUARD IND. (down 1.2%) and AIA Engineering (down 0.9%).
SKF India (up 3.8%) and Lakshmi Machine (up 2.3%) are among the top gainers today.
Over the last one year, RAMA VISION has moved up from Rs 62.5 to Rs 117.8, registering a gain of Rs 55.3 (up 88.5%).
On the other hand, the BSE CAPITAL GOODS index has moved up from 47,746.4 to 71,992.3, registering a gain of 50.8% during the last 12 months.
The top gainers among the BSE CAPITAL GOODS index stocks during this same period were HINDUSTAN AERO. (up 128.7%), Bharat Electronics (up 99.4%) and BHEL (up 88.1%).
Dear Reader: If You Invest in Midcap Stocks, this is for You
The BSE Sensex is at 82,001.4 (up 0.1%).
The top gainers among the BSE Sensex today are Asian Paints (up 2.4%) and Bajaj Finance (up 1.8%). The most traded stocks in the BSE Sensex are Tata Motors and MUNDRA PORT & SEZ.
In the meantime, NSE Nifty is at 25,070.0 (up 0.1%). Bajaj Auto and Asian Paints are among the top gainers in NSE NIFTY.
Over the last 12 months, the BSE Sensex has moved up from 67,127.1 to 82,001.4, registering a gain of 14,874.3 points (up 22.2%).
RAMA VISION net profit grew 69.7% YoY to Rs 12 million for the quarter ended June 2024, compared to a profit of Rs 7 million a year ago. Net sales rose 32.7% to Rs 268 million during the period as against Rs 202 million in April-June 2023.
For the year ended March 2023, RAMA VISION reported 73.5% increase in net profit to Rs 25 million compared to net profit of Rs 15 million during FY22. Revenue of the company grew 32.6% to Rs 819 million during FY23.
The current Price to earnings ratio of RAMA VISION, based on rolling 12 month earnings, stands at 31.7.
Equitymaster requests your view! Post a comment on "RAMA VISION Plunges 5%; BSE CAPITAL GOODS Index Up 0.6%". 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!