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Texmaco Infra Gains 6%; BSE CAPITAL GOODS Index Down 0.3%
Wed, 23 Oct 12:56

Texmaco Infra Gains 6%; BSE CAPITAL GOODS Index Down 0.3%Image source: peterschreiber.media/www.istockphoto.com

Texmaco Infra share price has zoomed 6% and is presently trading at Rs 110.5.

Meanwhile, the BSE CAPITAL GOODS index is at 68,500.9 (down 0.3%).

Among the top gainers in the BSE CAPITAL GOODS index today are GMR Infra (up 2.7%) and V GUARD IND. (up 2.6%).

BHEL (down 3.0%) and ADANI GREEN ENERGY (down 2.2%) are among the top losers today.

Over the last one year, Texmaco Infra has moved up from Rs 74.3 to Rs 110.5, registering a gain of Rs 36.2 (up 48.8%).

On the other hand, the BSE CAPITAL GOODS index has moved up from 46,119.3 to 68,500.9, registering a gain of 48.5% during the last 12 months.

The top gainers among the BSE CAPITAL GOODS index stocks during this same period were HINDUSTAN AERO. (up 131.0%), Siemens (up 109.4%) and Bharat Electronics (up 104.5%).

Don't Miss: Key Information for Long-term Investors

What About the Benchmark Indices?

The BSE Sensex is at 80,543.1 (up 0.4%).

The top gainers among the BSE Sensex today are Bajaj Finance (up 5.5%) and Tech Mahindra (up 2.7%). The most traded stocks in the BSE Sensex are Tata Steel and ITC.

In the meantime, NSE Nifty is at 24,566.7 (up 0.4%). 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 80,543.1, registering a gain of 15,971.2 points (up 24.7%).

Texmaco Infra Financial Update...

Texmaco Infra net profit fell 48.8% YoY to Rs 2 million for the quarter ended June 2024, compared to a profit of Rs 3 million a year ago. Net sales rose 6.6% to Rs 38 million during the period as against Rs 36 million in April-June 2023.

For the year ended March 2024, Texmaco Infra reported 28.5% increase in net profit to Rs 40 million compared to net profit of Rs 31 million during FY23. Revenue of the company fell 2.7% to Rs 161 million during FY24.

The current Price to earnings ratio of Texmaco Infra, based on rolling 12 month earnings, stands at 371.3.


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