Helping You Build Wealth With Honest Research
Since 1996. Read On...

MEMBER'S LOGINX

     
Invalid Username / Password
   
     
   
     
 
Invalid Captcha
   
 
 
 
(Please do not use this option on a public machine)
 
     
 
 
 
  Sign Up | Forgot Password?  

IRCON INTERNATIONAL Plunges 4%; BSE CAPITAL GOODS Index Down 0.0%
Fri, 8 Nov 9:13

IRCON INTERNATIONAL Plunges 4%; BSE CAPITAL GOODS Index Down 0.0%Image source: Kameleon007 /www.istockphoto.com

IRCON INTERNATIONAL share price has plunged 4% and is presently trading at Rs 206.0.

Meanwhile, the BSE CAPITAL GOODS index is at 70,079.7 .

Among the top losers in the BSE CAPITAL GOODS index today are Carborundum Universal (down 1.3%) and GRINDWELL NORTON (down 1.2%).

V GUARD IND. (up 2.4%) and SKF India (up 1.2%) are among the top gainers today.

Over the last one year, IRCON INTERNATIONAL has moved up from Rs 146.1 to Rs 206.0, registering a gain of Rs 59.9 (up 41.0%).

On the other hand, the BSE CAPITAL GOODS index has moved up from 47,002.7 to 70,079.7, registering a gain of 49.1% during the last 12 months.

The top gainers among the BSE CAPITAL GOODS index stocks during this same period were HINDUSTAN AERO. (up 129.8%), Bharat Electronics (up 118.2%) and Siemens (up 110.1%).

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

What About the Benchmark Indices?

The BSE Sensex is at 79,618.2 (up 0.1%).

The top gainers among the BSE Sensex today are Tata Steel (up 1.4%) and Indusind Bank (up 1.3%). The most traded stocks in the BSE Sensex are {sensextoptrade2}.

In the meantime, NSE Nifty is at 24,207.7 . Hindalco and Infosys are among the top gainers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 64,958.7 to 79,618.2, registering a gain of 14,659.5 points (up 22.6%).

IRCON INTERNATIONAL Financial Update...

IRCON INTERNATIONAL net profit fell 30.7% YoY to Rs 1,551 million for the quarter ended September 2024, compared to a profit of Rs 2,236 million a year ago. Net sales declined 19.3% to Rs 24,475 million during the period as against Rs 30,333 million in July-September 2023.

For the year ended March 2024, IRCON INTERNATIONAL reported 21.5% increase in net profit to Rs 9,295 million compared to net profit of Rs 7,652 million during FY23. Revenue of the company grew 18.9% to Rs 123,309 million during FY24.

The current Price to earnings ratio of IRCON INTERNATIONAL, based on rolling 12 month earnings, stands at 23.1.


Equitymaster requests your view! Post a comment on "IRCON INTERNATIONAL Plunges 4%; BSE CAPITAL GOODS Index Down 0.0%". Click here!