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NALWA SONS INV Gains 6%; BSE METAL Index Up 0.8%
Wed, 25 Sep 9:47

NALWA SONS INV Gains 6%; BSE METAL Index Up 0.8%Image source: StarLineArts/www.istockphoto.com

NALWA SONS INV share price has zoomed 6% and is presently trading at Rs 5,043.4.

Meanwhile, the BSE METAL index is at 33,342.0 (up 0.8%).

Among the top gainers in the BSE METAL index today are Vedanta (up 3.0%) and NMDC (up 1.9%).

Coal India (down 0.4%) and Jindal Steel (down 0.3%) are among the top losers today.

Over the last one year, NALWA SONS INV has moved up from Rs 2,565.8 to Rs 5,043.4, registering a gain of Rs 2,477.6 (up 96.6%).

On the other hand, the BSE METAL index has moved up from 22,741.0 to 33,342.0, registering a gain of 46.6% during the last 12 months.

The top gainers among the BSE METAL index stocks during this same period were Vedanta (up 115.7%), Coal India (up 74.2%) and Hindustan Zinc (up 63.8%).

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

What About the Benchmark Indices?

The BSE Sensex is at 84,924.8 .

The top gainers among the BSE Sensex today are Power Grid Corp. (up 2.8%) and M&M (up 2.4%). The most traded stocks in the BSE Sensex are HDFC Bank and Tata Steel.

In the meantime, NSE Nifty is at 25,939.5 . Tata Consumer Products and Tech Mahindra are among the top losers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 66,023.7 to 84,924.8, registering a gain of 18,901.1 points (up 28.6%).

NALWA SONS INV Financial Update...

NALWA SONS INV net profit grew 78.9% YoY to Rs 291 million for the quarter ended June 2024, compared to a profit of Rs 163 million a year ago. Net sales rose 57.5% to Rs 396 million during the period as against Rs 252 million in April-June 2023.

For the year ended March 2023, NALWA SONS INV reported 40.6% increase in net profit to Rs 926 million compared to net profit of Rs 659 million during FY22. Revenue of the company grew 41.2% to Rs 1,314 million during FY23.

The current Price to earnings ratio of NALWA SONS INV, based on rolling 12 month earnings, stands at 38.1.


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