Helping You Build Wealth With Honest Research
Since 1996. Read On...

MEMBER'S LOGINX

     
Invalid Username / Password
   
     
   
     
 
Invalid Captcha
   
 
 
 
(Please do not use this option on a public machine)
 
     
 
 
 
  Sign Up | Forgot Password?  

SUNFLAG IRON & STEEL COMPANY Gains 3%; BSE METAL Index Down 0.0%
Fri, 4 Oct 10:16

SUNFLAG IRON & STEEL COMPANY Gains 3%; BSE METAL Index Down 0.0%Image source: alexsl/www.istockphoto.com

SUNFLAG IRON & STEEL COMPANY share price has zoomed 3% and is presently trading at Rs 237.1.

Meanwhile, the BSE METAL index is at 34,428.7 .

Among the top gainers in the BSE METAL index today are APOLLO TUBES (up 1.1%) and Hindalco (up 0.6%).

Coal India (down 0.6%) and Jindal Steel (down 0.4%) are among the top losers today.

Over the last one year, SUNFLAG IRON & STEEL COMPANY has moved up from Rs 195.2 to Rs 237.1, registering a gain of Rs 41.9 (up 21.4%).

On the other hand, the BSE METAL index has moved up from 23,025.5 to 34,428.7, registering a gain of 49.5% during the last 12 months.

The top gainers among the BSE METAL index stocks during this same period were Vedanta (up 122.3%), Coal India (up 71.1%) and Hindustan Zinc (up 70.7%).

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

What About the Benchmark Indices?

The BSE Sensex is at 82,382.1 (down 0.1%).

The top losers among the BSE Sensex today are Bajaj Finance (down 1.6%) and NTPC (down 1.1%). The most traded stocks in the BSE Sensex are Axis Bank and Tata Steel.

In the meantime, NSE Nifty is at 25,213.7 (down 0.1%). BPCL and IOC are among the top losers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 65,512.1 to 82,382.1, registering a gain of 16,870.0 points (up 25.8%).

SUNFLAG IRON & STEEL COMPANY Financial Update...

SUNFLAG IRON & STEEL COMPANY net profit grew 9.7% YoY to Rs 276 million for the quarter ended June 2024, compared to a profit of Rs 252 million a year ago. Net sales rose 14.1% to Rs 8,947 million during the period as against Rs 7,845 million in April-June 2023.

For the year ended March 2024, SUNFLAG IRON & STEEL COMPANY reported 87.3% decrease in net profit to Rs 1,417 million compared to net profit of Rs 11,144 million during FY23. Revenue of the company fell 2.1% to Rs 34,153 million during FY24.

The current Price to earnings ratio of SUNFLAG IRON & STEEL COMPANY, based on rolling 12 month earnings, stands at 29.6.


Equitymaster requests your view! Post a comment on "SUNFLAG IRON & STEEL COMPANY Gains 3%; BSE METAL Index Down 0.0%". Click here!