GARDEN REACH SHIPBUILDERS & ENGINEERS Gains 3%; BSE CAPITAL GOODS Index Down 0.7%
Mon, 24 Feb 13:28
Image source: ipopba/www.istockphoto.comGARDEN REACH SHIPBUILDERS & ENGINEERS share price has zoomed 3% and is presently trading at Rs 1,360.0.
Meanwhile, the BSE CAPITAL GOODS index is at 57,990.0 (down 0.7%).
Among the top gainers in the BSE CAPITAL GOODS index today are ABB (up 1.7%) and SKF India (up 0.8%).
V GUARD IND. (down 3.2%) and SCHAEFFLER INDIA (down 2.9%) are among the top losers today.
Over the last one year, GARDEN REACH SHIPBUILDERS & ENGINEERS has moved up from Rs 825.1 to Rs 1,360.0, registering a gain of Rs 535.0 (up 64.8%).
On the other hand, the BSE CAPITAL GOODS index has moved up from 55,766.7 to 57,990.0, registering a gain of 4.0% during the last 12 months.
The top gainers among the BSE CAPITAL GOODS index stocks during this same period were Bharat Electronics (up 35.0%), ABB (up 18.9%) and HINDUSTAN AERO. (up 11.8%).
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What About the Benchmark Indices?
The BSE Sensex is at 74,522.7 (down 1.0%).
The top losers among the BSE Sensex today are Infosys (down 3.4%) and HCl Tech. (down 3.1%). The most traded stocks in the BSE Sensex are Tata Steel and ZOMATO.
In the meantime, NSE Nifty is at 22,552.5 (down 1.1%). Wipro and Infosys are among the top losers in NSE NIFTY.
Over the last 12 months, the BSE Sensex has moved up from 73,057.4 to 74,522.7, registering a gain of 1,465.3 points (up 2.0%).
GARDEN REACH SHIPBUILDERS & ENGINEERS Financial Update...
GARDEN REACH SHIPBUILDERS & ENGINEERS net profit grew 11.3% YoY to Rs 982 million for the quarter ended December 2024, compared to a profit of Rs 883 million a year ago. Net sales rose 37.7% to Rs 12,710 million during the period as against Rs 9,231 million in October-December 2023.
For the year ended March 2024, GARDEN REACH SHIPBUILDERS & ENGINEERS reported 56.6% increase in net profit to Rs 3,573 million compared to net profit of Rs 2,281 million during FY23. Revenue of the company grew 40.3% to Rs 35,926 million during FY24.
The current Price to earnings ratio of GARDEN REACH SHIPBUILDERS & ENGINEERS, based on rolling 12 month earnings, stands at 39.5.
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