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BOMBAY WIRE ROPES Gains 20%; BSE METAL Index Up 0.7%
Wed, 9 Oct 12:24

BOMBAY WIRE ROPES Gains 20%; BSE METAL Index Up 0.7%Image source: hudiemm/www.istockphoto.com

BOMBAY WIRE ROPES share price has zoomed 20% and is presently trading at Rs 84.1.

Meanwhile, the BSE METAL index is at 33,355.8 (up 0.7%).

Among the top gainers in the BSE METAL index today are NMDC (up 2.2%) and Jindal Steel (up 1.7%).

Hindustan Zinc (down 0.8%) is among the top losers today.

Over the last one year, BOMBAY WIRE ROPES has moved up from Rs 38.1 to Rs 84.1, registering a gain of Rs 46.0 (up 120.7%).

On the other hand, the BSE METAL index has moved up from 22,378.1 to 33,355.8, registering a gain of 49.1% during the last 12 months.

The top gainers among the BSE METAL index stocks during this same period were Vedanta (up 127.3%), Coal India (up 71.5%) and Hindustan Zinc (up 62.5%).

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

What About the Benchmark Indices?

The BSE Sensex is at 81,888.1 (up 0.3%).

The top gainers among the BSE Sensex today are Tata Motors (up 2.4%) and Bharti Airtel (up 2.1%). The most traded stocks in the BSE Sensex are Tata Steel and Tata Motors.

In the meantime, NSE Nifty is at 25,110.4 (up 0.4%). Shriram Transport and Tata Motors are among the top gainers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 65,512.4 to 81,888.1, registering a gain of 16,375.7 points (up 25.0%).

BOMBAY WIRE ROPES Financial Update...

BOMBAY WIRE ROPES net profit fell 67.9% YoY to Rs -1 million for the quarter ended June 2024, compared to a loss of Rs 1 million a year ago. Net sales declined 100.0% to Rs 0 million during the period as against Rs 0 million in April-June 2023.

For the year ended March 2024, BOMBAY WIRE ROPES reported 5.7% increase in net profit to Rs -3 million compared to net loss of Rs 3 million during FY23. Revenue of the company fell 100.0% to Rs 0 million during FY24.

The current Price to earnings ratio of BOMBAY WIRE ROPES, based on rolling 12 month earnings, stands at -123.7.


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