WALCHANDNAGAR share price has zoomed 10% and is presently trading at Rs 309.3.
Meanwhile, the BSE CAPITAL GOODS index is at 70,047.1 (up 1.8%).
Among the top gainers in the BSE CAPITAL GOODS index today are HINDUSTAN AERO. (up 4.2%) and Bharat Electronics (up 3.4%).
Thermax (down 0.9%) and GRINDWELL NORTON (down 0.7%) are among the top losers today.
Over the last one year, WALCHANDNAGAR has moved up from Rs 120.6 to Rs 309.3, registering a gain of Rs 188.7 (up 156.5%).
On the other hand, the BSE CAPITAL GOODS index has moved up from 47,570.0 to 70,047.1, registering a gain of 47.3% during the last 12 months.
The top gainers among the BSE CAPITAL GOODS index stocks during this same period were HINDUSTAN AERO. (up 126.5%), BHEL (up 108.0%) and Siemens (up 105.7%).
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The BSE Sensex is at 81,459.4 (up 0.5%).
The top gainers among the BSE Sensex today are MUNDRA PORT & SEZ (up 2.6%) and M&M (up 2.4%). The most traded stocks in the BSE Sensex are Tata Steel and Tata Motors.
In the meantime, NSE Nifty is at 24,964.2 (up 0.7%). Trent and Bharat Electronics are among the top gainers in NSE NIFTY.
Over the last 12 months, the BSE Sensex has moved up from 65,226.0 to 81,459.4, registering a gain of 16,233.4 points (up 24.9%).
WALCHANDNAGAR net profit grew 84.8% YoY to Rs -17 million for the quarter ended June 2024, compared to a loss of Rs 114 million a year ago. Net sales rose 17.8% to Rs 792 million during the period as against Rs 672 million in April-June 2023.
For the year ended March 2024, WALCHANDNAGAR reported 313.6% decrease in net profit to Rs -418 million compared to net profit of Rs 196 million during FY23. Revenue of the company fell 6.1% to Rs 3,024 million during FY24.
The current Price to earnings ratio of WALCHANDNAGAR, based on rolling 12 month earnings, stands at -53.4.
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