PENNAR INDUSTRIES share price has zoomed 5% and is presently trading at Rs 197.4.
Meanwhile, the BSE METAL index is at 31,808.0 (up 0.4%).
Among the top gainers in the BSE METAL index today are NMDC (up 3.2%) and Hindustan Zinc (up 2.6%).
SAIL (down 2.4%) and APOLLO TUBES (down 1.1%) are among the top losers today.
Over the last one year, PENNAR INDUSTRIES has moved up from Rs 106.4 to Rs 197.4, registering a gain of Rs 91.0 (up 85.5%).
On the other hand, the BSE METAL index has moved up from 22,271.2 to 31,808.0, registering a gain of 42.8% during the last 12 months.
The top gainers among the BSE METAL index stocks during this same period were Vedanta (up 117.4%), Hindustan Zinc (up 73.7%) and Hindalco (up 59.1%).
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The BSE Sensex is at 80,324.5 (up 0.1%).
The top gainers among the BSE Sensex today are Bajaj Finance (up 5.5%) and Tech Mahindra (up 1.7%). The most traded stocks in the BSE Sensex are Tata Steel and ITC.
In the meantime, NSE Nifty is at 24,532.7 (up 0.3%). Bajaj Finance and Bajaj Auto are among the top gainers in NSE NIFTY.
Over the last 12 months, the BSE Sensex has moved up from 64,571.9 to 80,324.5, registering a gain of 15,752.7 points (up 24.4%).
PENNAR INDUSTRIES net profit grew 21.0% YoY to Rs 264 million for the quarter ended June 2024, compared to a profit of Rs 218 million a year ago. Net sales declined 2.1% to Rs 7,335 million during the period as against Rs 7,489 million in April-June 2023.
For the year ended March 2024, PENNAR INDUSTRIES reported 30.4% increase in net profit to Rs 984 million compared to net profit of Rs 754 million during FY23. Revenue of the company grew 8.2% to Rs 31,306 million during FY24.
The current Price to earnings ratio of PENNAR INDUSTRIES, based on rolling 12 month earnings, stands at 25.9.
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