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GOLDSTONE INFRA Gains 6%; BSE AUTO Index Up 0.4%
Tue, 1 Oct 16:30

GOLDSTONE INFRA Gains 6%; BSE AUTO Index Up 0.4%Image source: Eoneren/www.istockphoto.com

GOLDSTONE INFRA share price has zoomed 6% and is presently trading at Rs 1,750.6.

Meanwhile, the BSE AUTO index is at 61,277.5 (up 0.4%).

Among the top gainers in the BSE AUTO index today are M&M (up 2.2%) and Cummins India (up 1.8%).

Escorts (down 1.7%) and Bajaj Auto (down 1.3%) are among the top losers today.

Over the last one year, GOLDSTONE INFRA has moved up from Rs 1,210.5 to Rs 1,750.6, registering a gain of Rs 540.1 (up 44.6%).

On the other hand, the BSE AUTO index has moved up from 36,890.3 to 61,277.5, registering a gain of 66.1% during the last 12 months.

The top gainers among the BSE AUTO index stocks during this same period were Bajaj Auto (up 142.2%), Cummins India (up 124.1%) and Motherson Sumi (up 116.7%).

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

What About the Benchmark Indices?

The BSE Sensex is at 84,330.3 .

The top gainers among the BSE Sensex today are Tech Mahindra (up 2.9%) and M&M (up 2.2%). The most traded stocks in the BSE Sensex are Tata Steel and Reliance Ind..

In the meantime, NSE Nifty is at 25,812.6 . SBI and Tech Mahindra are among the top gainers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 66,118.7 to 84,330.3, registering a gain of 18,211.6 points (up 27.5%).

GOLDSTONE INFRA Financial Update...

GOLDSTONE INFRA net profit grew 4.4% YoY to Rs 207 million for the quarter ended June 2024, compared to a profit of Rs 198 million a year ago. Net sales rose 45.3% to Rs 3,139 million during the period as against Rs 2,160 million in April-June 2023.

For the year ended March 2024, GOLDSTONE INFRA reported 17.6% increase in net profit to Rs 787 million compared to net profit of Rs 669 million during FY23. Revenue of the company grew 5.8% to Rs 11,541 million during FY24.

The current Price to earnings ratio of GOLDSTONE INFRA, based on rolling 12 month earnings, stands at 200.9.

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