GMR POWER & URBAN Plunges 5%; BSE CAPITAL GOODS Index Up 0.9%
Thu, 30 Jan 9:35
Image source: ipopba/www.istockphoto.comGMR POWER & URBAN share price has plunged 5% and is presently trading at Rs 104.4.
Meanwhile, the BSE CAPITAL GOODS index is at 62,285.9 (up 0.9%).
Among the top losers in the BSE CAPITAL GOODS index today are ABB (down 0.7%) and Carborundum Universal (down 0.7%).
V GUARD IND. (up 3.0%) and HINDUSTAN AERO. (up 1.4%) are among the top gainers today.
Over the last one year, GMR POWER & URBAN has moved up from Rs 51.4 to Rs 104.4, registering a gain of Rs 53.0 (up 103.2%).
On the other hand, the BSE CAPITAL GOODS index has moved up from 58,116.4 to 62,285.9, registering a gain of 7.2% during the last 12 months.
The top gainers among the BSE CAPITAL GOODS index stocks during this same period were Bharat Electronics (up 41.5%), Siemens (up 35.6%) and ABB (up 26.8%).
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What About the Benchmark Indices?
The BSE Sensex is at 76,532.3 .
The top losers among the BSE Sensex today are Tata Motors (down 8.3%) and ICICI Bank (down 0.9%). The most traded stocks in the BSE Sensex are Tata Motors and ZOMATO.
In the meantime, NSE Nifty is at 23,169.5 . Bajaj Finance and Bajaj Finserv are among the top gainers in NSE NIFTY.
Over the last 12 months, the BSE Sensex has moved up from 71,941.6 to 76,532.3, registering a gain of 4,590.8 points (up 6.4%).
GMR POWER & URBAN Financial Update...
GMR POWER & URBAN net profit fell 132.3% YoY to Rs -377 million for the quarter ended December 2024, compared to a profit of Rs 1,168 million a year ago. Net sales rose 46.1% to Rs 16,115 million during the period as against Rs 11,028 million in October-December 2023.
For the year ended March 2024, GMR POWER & URBAN reported 109.5% decrease in net profit to Rs -1,112 million compared to net profit of Rs 11,710 million during FY23. Revenue of the company fell 18.6% to Rs 44,890 million during FY24.
The current Price to earnings ratio of GMR POWER & URBAN, based on rolling 12 month earnings, stands at 4.2.
Indian Share Market Update: Top Gainers and Losers
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