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SRM CONTRACTORS LTD. Plunges 4%; BSE CAPITAL GOODS Index Down 0.0%
Thu, 27 Jun 16:7

SRM CONTRACTORS LTD. Plunges 4%; BSE CAPITAL GOODS Index Down 0.0%Image source: DNY59/www.istockphoto.com

SRM CONTRACTORS LTD. share price has plunged 4% and is presently trading at Rs 176.0.

Meanwhile, the BSE CAPITAL GOODS index is at 72,656.4 .

Among the top losers in the BSE CAPITAL GOODS index today are AIA Engineering (down 2.7%) and Lakshmi Machine (down 2.4%).

Thermax (up 6.3%) and ABB (up 3.4%) are among the top gainers today.

Over the last one year, SRM CONTRACTORS LTD. has moved up from Rs 0.0 to Rs 176.0, registering a gain of Rs 176.0 .

On the other hand, the BSE CAPITAL GOODS index has moved up from 39,563.3 to 72,656.4, registering a gain of 83.6% during the last 12 months.

The top gainers among the BSE CAPITAL GOODS index stocks during this same period were BHEL (up 255.4%), HINDUSTAN AERO. (up 185.2%) and Bharat Electronics (up 150.3%).

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What About the Benchmark Indices?

The BSE Sensex is at 79,245.0 (up 0.7%).

The top gainers among the BSE Sensex today are Ultratech Cement (up 5.3%) and NTPC (up 3.3%). The most traded stocks in the BSE Sensex are Tata Steel and Infosys.

In the meantime, NSE Nifty is at 24,036.1 (up 0.7%). Ultratech Cement and LTIMINDTREE are among the top gainers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 62,970.0 to 79,245.0, registering a gain of 16,275.0 points (up 25.8%).

SRM CONTRACTORS LTD. Financial Update...

SRM CONTRACTORS LTD. net profit fell {profitpercent} YoY to Rs 62 million for the quarter ended March 2024, compared to a profit of Rs {profitnumberprev} million a year ago. Net sales declined {salespercent} to Rs 1,079 million during the period as against Rs {salesnumberprev} million in {quarterprev}.

For the year ended March 2023, SRM CONTRACTORS LTD. reported 6.7% increase in net profit to Rs 187 million compared to net profit of Rs 176 million during FY22. Revenue of the company grew 13.9% to Rs 3,003 million during FY23.


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