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GALA PRECISION ENGINEERING LTD. Gains 6%; BSE CAPITAL GOODS Index Up 0.5%
Wed, 30 Oct 9:56

GALA PRECISION ENGINEERING LTD. Gains 6%; BSE CAPITAL GOODS Index Up 0.5%Image source: phive2015/www.istockphoto.com

GALA PRECISION ENGINEERING LTD. share price has zoomed 6% and is presently trading at Rs 998.1.

Meanwhile, the BSE CAPITAL GOODS index is at 67,600.8 (up 0.5%).

Among the top gainers in the BSE CAPITAL GOODS index today are GRINDWELL NORTON (up 2.8%) and Bharat Electronics (up 2.6%).

Honeywell Automation (down 8.0%) and V GUARD IND. (down 2.4%) are among the top losers today.

Over the last one year, GALA PRECISION ENGINEERING LTD. has moved up from Rs 0.0 to Rs 998.1, registering a gain of Rs 998.1 .

On the other hand, the BSE CAPITAL GOODS index has moved up from 45,914.5 to 67,600.8, registering a gain of 47.2% during the last 12 months.

The top gainers among the BSE CAPITAL GOODS index stocks during this same period were HINDUSTAN AERO. (up 133.5%), Bharat Electronics (up 120.5%) and Siemens (up 101.2%).

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What About the Benchmark Indices?

The BSE Sensex is at 80,029.1 (down 0.4%).

The top losers among the BSE Sensex today are ICICI Bank (down 1.6%) and Sun Pharma (down 1.6%). The most traded stocks in the BSE Sensex are Power Grid Corp. and Tata Motors.

In the meantime, NSE Nifty is at 24,416.6 (down 0.2%). Cipla and Dr. Reddys are among the top losers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 64,112.7 to 80,029.1, registering a gain of 15,916.5 points (up 24.8%).

GALA PRECISION ENGINEERING LTD. Financial Update...

GALA PRECISION ENGINEERING LTD. net profit fell {profitpercent} YoY to Rs 63 million for the quarter ended June 2024, compared to a profit of Rs {profitnumberprev} million a year ago. Net sales declined {salespercent} to Rs 532 million during the period as against Rs {salesnumberprev} million in {quarterprev}.

For the year ended March 2024, GALA PRECISION ENGINEERING LTD. reported 9.2% decrease in net profit to Rs 220 million compared to net profit of Rs 242 million during FY23. Revenue of the company grew 22.4% to Rs 2,025 million during FY24.


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