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BIRLA PRECISION TECH. Gains 7%; BSE CAPITAL GOODS Index Up 1.3%
Wed, 9 Oct 12:24

BIRLA PRECISION TECH. Gains 7%; BSE CAPITAL GOODS Index Up 1.3%Image source: phive2015/www.istockphoto.com

BIRLA PRECISION TECH. share price has zoomed 7% and is presently trading at Rs 68.2.

Meanwhile, the BSE CAPITAL GOODS index is at 71,649.2 (up 1.3%).

Among the top gainers in the BSE CAPITAL GOODS index today are ABB (up 4.7%) and Siemens (up 4.5%).

Finolex Cables (down 1.2%) and L&T (down 0.2%) are among the top losers today.

Over the last one year, BIRLA PRECISION TECH. has moved up from Rs 44.9 to Rs 68.2, registering a gain of Rs 23.3 (up 51.9%).

On the other hand, the BSE CAPITAL GOODS index has moved up from 47,558.7 to 71,649.2, registering a gain of 50.7% during the last 12 months.

The top gainers among the BSE CAPITAL GOODS index stocks during this same period were HINDUSTAN AERO. (up 129.7%), Siemens (up 117.5%) and BHEL (up 110.6%).

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What About the Benchmark Indices?

The BSE Sensex is at 81,889.5 (up 0.3%).

The top gainers among the BSE Sensex today are Tata Motors (up 2.3%) 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 81,889.5, registering a gain of 16,377.1 points (up 25.0%).

BIRLA PRECISION TECH. Financial Update...

BIRLA PRECISION TECH. net profit fell 58.3% YoY to Rs 7 million for the quarter ended June 2024, compared to a profit of Rs 16 million a year ago. Net sales rose 15.3% to Rs 469 million during the period as against Rs 407 million in April-June 2023.

For the year ended March 2024, BIRLA PRECISION TECH. reported 33.0% decrease in net profit to Rs 94 million compared to net profit of Rs 141 million during FY23. Revenue of the company fell 11.0% to Rs 2,255 million during FY24.

The current Price to earnings ratio of BIRLA PRECISION TECH., based on rolling 12 month earnings, stands at 53.1.


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