GARDEN REACH SHIPBUILDERS & ENGINEERS Gains 7%; BSE CAPITAL GOODS Index Up 1.2%
Fri, 7 Mar 10:49
Image source: phive2015/www.istockphoto.comGARDEN REACH SHIPBUILDERS & ENGINEERS share price has zoomed 7% and is presently trading at Rs 1,386.6.
Meanwhile, the BSE CAPITAL GOODS index is at 59,314.4 (up 1.2%).
Among the top gainers in the BSE CAPITAL GOODS index today are GRINDWELL NORTON (up 2.8%) and Bharat Electronics (up 2.1%).
ABB (down 1.0%) and TIMKEN INDIA (down 1.0%) are among the top losers today.
Over the last one year, GARDEN REACH SHIPBUILDERS & ENGINEERS has moved up from Rs 835.9 to Rs 1,386.6, registering a gain of Rs 550.8 (up 65.9%).
On the other hand, the BSE CAPITAL GOODS index has moved up from 59,033.3 to 59,314.4, registering a gain of 0.5% during the last 12 months.
The top gainers among the BSE CAPITAL GOODS index stocks during this same period were Bharat Electronics (up 32.2%), SCHAEFFLER INDIA (up 14.9%) and Siemens (up 8.3%).
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What About the Benchmark Indices?
The BSE Sensex is at 74,474.3 (up 0.2%).
The top gainers among the BSE Sensex today are Reliance Ind. (up 2.4%) and MUNDRA PORT & SEZ (up 1.6%). The most traded stocks in the BSE Sensex are Tata Steel and ZOMATO.
In the meantime, NSE Nifty is at 22,591.1 (up 0.2%). Reliance Ind. and Bharat Electronics are among the top gainers in NSE NIFTY.
Over the last 12 months, the BSE Sensex has moved up from 73,677.1 to 74,474.3, registering a gain of 797.2 points (up 1.1%).
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 40.2.
Indian Share Market Update: Top Gainers and Losers
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