Jyoti Structure share price has plunged 5% and is presently trading at Rs 31.3.
Meanwhile, the BSE CAPITAL GOODS index is at 72,150.9 (down 0.3%).
Among the top losers in the BSE CAPITAL GOODS index today are BHEL (down 4.2%) and Siemens (down 2.7%).
V GUARD IND. (up 1.2%) and L&T (up 1.1%) are among the top gainers today.
Over the last one year, Jyoti Structure has moved up from Rs 14.6 to Rs 31.3, registering a gain of Rs 16.7 (up 114.2%).
On the other hand, the BSE CAPITAL GOODS index has moved up from 48,111.6 to 72,150.9, registering a gain of 50.0% during the last 12 months.
The top gainers among the BSE CAPITAL GOODS index stocks during this same period were HINDUSTAN AERO. (up 131.6%), Siemens (up 115.6%) and Bharat Electronics (up 108.4%).
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The BSE Sensex is at 81,042.9 (down 0.6%).
The top losers among the BSE Sensex today are Nestle (down 3.2%) and M&M (down 2.9%). The most traded stocks in the BSE Sensex are Tata Steel and Reliance Ind..
In the meantime, NSE Nifty is at 24,772.0 (down 0.8%). Bajaj Auto and Shriram Transport are among the top losers in NSE NIFTY.
Over the last 12 months, the BSE Sensex has moved up from 66,166.9 to 81,042.9, registering a gain of 14,876.0 points (up 22.5%).
Jyoti Structure net profit grew 107.2% YoY to Rs 51 million for the quarter ended June 2024, compared to a profit of Rs 25 million a year ago. Net sales declined 52.3% to Rs 883 million during the period as against Rs 1,852 million in April-June 2023.
For the year ended March 2024, Jyoti Structure reported 808.6% increase in net profit to Rs 289 million compared to net loss of Rs 41 million during FY23. Revenue of the company grew 96.9% to Rs 4,514 million during FY24.
The current Price to earnings ratio of Jyoti Structure, based on rolling 12 month earnings, stands at 87.2.
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