IRCON INTERNATIONAL Gains 4%; BSE CAPITAL GOODS Index Up 0.3%
Fri, 21 Feb 9:52
Image source: Sakorn BernardaSv/www.istockphoto.comIRCON INTERNATIONAL share price has zoomed 4% and is presently trading at Rs 164.1.
Meanwhile, the BSE CAPITAL GOODS index is at 58,600.8 (up 0.3%).
Among the top gainers in the BSE CAPITAL GOODS index today are V GUARD IND. (up 4.9%) and TIMKEN INDIA (up 2.3%).
ABB (down 2.0%) and Graphite India (down 2.0%) are among the top losers today.
Over the last one year, IRCON INTERNATIONAL has moved down from Rs 231.3 to Rs 164.1, registering a loss of Rs 67.3 (down 29.1%).
On the other hand, the BSE CAPITAL GOODS index has moved up from 55,650.1 to 58,600.8, registering a gain of 5.3% during the last 12 months.
The top gainers among the BSE CAPITAL GOODS index stocks during this same period were Bharat Electronics (up 37.1%), ABB (up 16.6%) and HINDUSTAN AERO. (up 12.9%).
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What About the Benchmark Indices?
The BSE Sensex is at 75,484.3 (down 0.3%).
The top losers among the BSE Sensex today are M&M (down 2.6%) and Ultratech Cement (down 1.3%). The most traded stocks in the BSE Sensex are Tata Steel and ZOMATO.
In the meantime, NSE Nifty is at 22,827.4 (down 0.4%). M&M and Ultratech Cement are among the top losers in NSE NIFTY.
Over the last 12 months, the BSE Sensex has moved up from 72,708.2 to 75,484.3, registering a gain of 2,776.1 points (up 3.8%).
IRCON INTERNATIONAL Financial Update...
IRCON INTERNATIONAL net profit fell 62.1% YoY to Rs 788 million for the quarter ended December 2024, compared to a profit of Rs 2,076 million a year ago. Net sales declined 10.8% to Rs 26,129 million during the period as against Rs 29,295 million in October-December 2023.
For the year ended March 2024, IRCON INTERNATIONAL reported 21.5% increase in net profit to Rs 9,295 million compared to net profit of Rs 7,652 million during FY23. Revenue of the company grew 18.9% to Rs 123,309 million during FY24.
The current Price to earnings ratio of IRCON INTERNATIONAL, based on rolling 12 month earnings, stands at 21.7.
Indian Share Market Update: Top Gainers and Losers
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