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BOMBAY WIRE ROPES Gains 8%; BSE METAL Index Up 0.1%
Tue, 19 Nov 14:20

BOMBAY WIRE ROPES Gains 8%; BSE METAL Index Up 0.1%Image source: hudiemm/www.istockphoto.com

BOMBAY WIRE ROPES share price has zoomed 8% and is presently trading at Rs 61.5.

Meanwhile, the BSE METAL index is at 30,087.0 (up 0.1%).

Among the top gainers in the BSE METAL index today are Coal India (up 0.8%) and SAIL (up 0.5%).

Jindal Steel (down 0.9%) and Hindalco (down 0.3%) are among the top losers today.

Over the last one year, BOMBAY WIRE ROPES has moved up from Rs 35.5 to Rs 61.5, registering a gain of Rs 26.0 (up 73.1%).

On the other hand, the BSE METAL index has moved up from 23,838.4 to 30,087.0, registering a gain of 26.2% during the last 12 months.

The top gainers among the BSE METAL index stocks during this same period were Vedanta (up 85.6%), Hindustan Zinc (up 63.1%) and Jindal Steel (up 35.5%).

Revealed: Our Big Prediction

What About the Benchmark Indices?

The BSE Sensex is at 78,202.1 (up 1.1%).

The top gainers among the BSE Sensex today are M&M (up 4.6%) and Tech Mahindra (up 3.4%). The most traded stocks in the BSE Sensex are Tata Steel and Tata Motors.

In the meantime, NSE Nifty is at 23,707.4 (up 1.1%). M&M and Tech Mahindra are among the top gainers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 65,675.9 to 78,202.1, registering a gain of 12,526.2 points (up 19.1%).

BOMBAY WIRE ROPES Financial Update...

BOMBAY WIRE ROPES net profit grew 4.2% YoY to Rs -1 million for the quarter ended September 2024, compared to a loss of Rs 1 million a year ago. Net sales declined 100.0% to Rs 0 million during the period as against Rs 0 million in July-September 2023.

For the year ended March 2024, BOMBAY WIRE ROPES reported 5.7% increase in net profit to Rs -3 million compared to net loss of Rs 3 million during FY23. Revenue of the company fell 100.0% to Rs 0 million during FY24.

The current Price to earnings ratio of BOMBAY WIRE ROPES, based on rolling 12 month earnings, stands at -91.7.


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