PENNAR INDUSTRIES share price has zoomed 5% and is presently trading at Rs 207.7.
Meanwhile, the BSE METAL index is at 31,753.4 (up 0.2%).
Among the top gainers in the BSE METAL index today are APOLLO TUBES (up 1.8%) and JSW Steel (up 1.3%).
Hindustan Zinc (down 7.5%) and Tata Steel (down 0.9%) are among the top losers today.
Over the last one year, PENNAR INDUSTRIES has moved up from Rs 106.4 to Rs 207.7, registering a gain of Rs 101.3 (up 95.3%).
On the other hand, the BSE METAL index has moved up from 22,728.7 to 31,753.4, registering a gain of 39.7% during the last 12 months.
The top gainers among the BSE METAL index stocks during this same period were Vedanta (up 100.1%), Hindustan Zinc (up 74.7%) and Jindal Steel (up 52.1%).
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The BSE Sensex is at 80,060.2 (up 0.7%).
The top gainers among the BSE Sensex today are HCl Tech. (up 3.1%) and Infosys (up 3.1%). The most traded stocks in the BSE Sensex are ITC and Infosys.
In the meantime, NSE Nifty is at 24,401.2 (up 0.8%). Trent and HCl Tech. are among the top gainers in NSE NIFTY.
Over the last 12 months, the BSE Sensex has moved up from 64,958.7 to 80,060.2, registering a gain of 15,101.5 points (up 23.2%).
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 27.2.
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