IRCON INTERNATIONAL Plunges 5%; BSE CAPITAL GOODS Index Down 2.6%
Tue, 11 Feb 15:55
Image source: phive2015/www.istockphoto.comIRCON INTERNATIONAL share price has plunged 5% and is presently trading at Rs 179.4.
Meanwhile, the BSE CAPITAL GOODS index is at 58,827.3 (down 2.6%).
Among the top losers in the BSE CAPITAL GOODS index today are Graphite India (down 6.4%) and V GUARD IND. (down 5.6%).
TIMKEN INDIA (up 3.4%) is among the top gainers today.
Over the last one year, IRCON INTERNATIONAL has moved down from Rs 229.9 to Rs 179.4, registering a loss of Rs 50.6 (down 22.0%).
On the other hand, the BSE CAPITAL GOODS index has moved up from 56,311.7 to 58,827.3, registering a gain of 4.5% during the last 12 months.
The top gainers among the BSE CAPITAL GOODS index stocks during this same period were Bharat Electronics (up 45.6%), HINDUSTAN AERO. (up 23.6%) and Siemens (up 22.7%).
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What About the Benchmark Indices?
The BSE Sensex is at 76,293.6 (down 1.3%).
The top losers among the BSE Sensex today are ZOMATO (down 4.9%) and Tata Steel (down 2.8%). The most traded stocks in the BSE Sensex are ZOMATO and Tata Steel.
In the meantime, NSE Nifty is at 23,070.5 (down 1.3%). Eicher Motor and APOLLO HOSPITALS are among the top losers in NSE NIFTY.
Over the last 12 months, the BSE Sensex has moved up from 72,152.0 to 76,293.6, registering a gain of 4,141.6 points (up 5.7%).
IRCON INTERNATIONAL Financial Update...
IRCON INTERNATIONAL net profit fell 30.7% YoY to Rs 1,551 million for the quarter ended September 2024, compared to a profit of Rs 2,236 million a year ago. Net sales declined 19.3% to Rs 24,475 million during the period as against Rs 30,333 million in July-September 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 20.1.
Indian Share Market Update: Top Gainers and Losers
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