IGARASHI MOTORS Plunges 12%; BSE CAPITAL GOODS Index Down 2.4%
Fri, 14 Feb 14:46
Image source: Nikada/www.istockphoto.comIGARASHI MOTORS share price has plunged 12% and is presently trading at Rs 535.6.
Meanwhile, the BSE CAPITAL GOODS index is at 57,547.9 (down 2.4%).
Among the top losers in the BSE CAPITAL GOODS index today are Graphite India (down 6.1%) and Finolex Cables (down 4.7%).
Bharat Forge (up 0.3%) and SKF India (up 0.2%) are among the top gainers today.
Over the last one year, IGARASHI MOTORS has moved up from Rs 480.0 to Rs 535.6, registering a gain of Rs 55.7 (up 11.6%).
On the other hand, the BSE CAPITAL GOODS index has moved up from 54,193.7 to 57,547.9, registering a gain of 6.2% during the last 12 months.
The top gainers among the BSE CAPITAL GOODS index stocks during this same period were Bharat Electronics (up 43.6%), HINDUSTAN AERO. (up 24.1%) and ABB (up 19.7%).
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What About the Benchmark Indices?
The BSE Sensex is at 75,917.9 (down 0.3%).
The top losers among the BSE Sensex today are MUNDRA PORT & SEZ (down 4.0%) and Sun Pharma (down 2.4%). The most traded stocks in the BSE Sensex are ZOMATO and Tata Steel.
In the meantime, NSE Nifty is at 22,961.3 (down 0.3%). MUNDRA PORT & SEZ and Bharat Electronics are among the top losers in NSE NIFTY.
Over the last 12 months, the BSE Sensex has moved up from 71,072.5 to 75,917.9, registering a gain of 4,845.5 points (up 6.8%).
IGARASHI MOTORS Financial Update...
IGARASHI MOTORS net profit grew 230.9% YoY to Rs 52 million for the quarter ended December 2024, compared to a profit of Rs 16 million a year ago. Net sales rose 21.3% to Rs 2,108 million during the period as against Rs 1,738 million in October-December 2023.
For the year ended March 2024, IGARASHI MOTORS reported 82.8% increase in net profit to Rs 96 million compared to net profit of Rs 52 million during FY23. Revenue of the company grew 10.5% to Rs 7,250 million during FY24.
The current Price to earnings ratio of IGARASHI MOTORS, based on rolling 12 month earnings, stands at 64.2.
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