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GOLDSTONE INFRA Gains 5%; BSE AUTO Index Up 0.7%
Tue, 8 Oct 11:29

GOLDSTONE INFRA Gains 5%; BSE AUTO Index Up 0.7%Image source: Ivcandy/www.istockphoto.com

GOLDSTONE INFRA share price has zoomed 5% and is presently trading at Rs 1,637.5.

Meanwhile, the BSE AUTO index is at 58,754.4 (up 0.7%).

Among the top gainers in the BSE AUTO index today are Balkrishna Ind (up 4.7%) and Cummins India (up 3.2%).

Tata Motors (down 1.6%) and Hero Motocorp (down 0.4%) are among the top losers today.

Over the last one year, GOLDSTONE INFRA has moved up from Rs 1,193.2 to Rs 1,637.5, registering a gain of Rs 444.3 (up 37.2%).

On the other hand, the BSE AUTO index has moved up from 35,788.5 to 58,754.4, registering a gain of 64.2% during the last 12 months.

The top gainers among the BSE AUTO index stocks during this same period were Bajaj Auto (up 138.0%), Cummins India (up 118.7%) and Motherson Sumi (up 115.1%).

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

What About the Benchmark Indices?

The BSE Sensex is at 81,472.3 (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 81,472.3, registering a gain of 16,246.2 points (up 24.9%).

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 187.9.

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