NATIONAL FITTINGS share price has zoomed 9% and is presently trading at Rs 136.8.
Meanwhile, the BSE METAL index is at 30,818.9 (down 2.3%).
Among the top gainers in the BSE METAL index today is NMDC (up 0.8%).
Hindustan Zinc (down 5.9%) and Coal India (down 3.8%) are among the top losers today.
Over the last one year, NATIONAL FITTINGS has moved up from Rs 114.8 to Rs 136.8, registering a gain of Rs 22.0 (up 19.1%).
On the other hand, the BSE METAL index has moved up from 22,238.6 to 30,818.9, registering a gain of 38.6% during the last 12 months.
The top gainers among the BSE METAL index stocks during this same period were Vedanta (up 110.8%), Hindustan Zinc (up 79.3%) and NMDC (up 46.1%).
Dear Reader: If You Invest in Midcap Stocks, this is for You
The BSE Sensex is at 78,582.1 (down 1.6%).
The top losers among the BSE Sensex today are Sun Pharma (down 3.9%) and NTPC (down 3.8%). The most traded stocks in the BSE Sensex are ICICI Bank and Reliance Ind..
In the meantime, NSE Nifty is at 23,919.1 (down 1.6%). IOC and Hero Motocorp are among the top losers in NSE NIFTY.
Over the last 12 months, the BSE Sensex has moved up from 63,874.9 to 78,582.1, registering a gain of 14,707.1 points (up 23.0%).
NATIONAL FITTINGS net profit grew 737.8% YoY to Rs 69 million for the quarter ended June 2024, compared to a profit of Rs 8 million a year ago. Net sales declined 13.1% to Rs 151 million during the period as against Rs 174 million in April-June 2023.
For the year ended March 2024, NATIONAL FITTINGS reported 33.1% increase in net profit to Rs 58 million compared to net profit of Rs 44 million during FY23. Revenue of the company fell 11.0% to Rs 765 million during FY24.
The current Price to earnings ratio of NATIONAL FITTINGS, based on rolling 12 month earnings, stands at 10.4.
Equitymaster requests your view! Post a comment on "NATIONAL FITTINGS Gains 9%; BSE METAL Index Down 2.3%". Click here!
Comments are moderated by Equitymaster, in accordance with the Terms of Use, and may not appear
on this article until they have been reviewed and deemed appropriate for posting.
In the meantime, you may want to share this article with your friends!