Jyoti Structure Plunges 5%; BSE CAPITAL GOODS Index Up 0.1%
Mon, 10 Mar 10:2
Image source: phive2015/www.istockphoto.comJyoti Structure share price has plunged 5% and is presently trading at Rs 16.7.
Meanwhile, the BSE CAPITAL GOODS index is at 58,998.6 (up 0.1%).
Among the top losers in the BSE CAPITAL GOODS index today are Lakshmi Machine (down 1.5%) and GRINDWELL NORTON (down 1.3%).
Thermax (up 3.5%) and GMR Infra (up 1.8%) are among the top gainers today.
Over the last one year, Jyoti Structure has moved down from Rs 20.1 to Rs 16.7, registering a loss of Rs 3.4 (down 16.7%).
On the other hand, the BSE CAPITAL GOODS index has moved up from 58,849.6 to 58,998.6, registering a gain of 0.3% during the last 12 months.
The top gainers among the BSE CAPITAL GOODS index stocks during this same period were Bharat Electronics (up 33.6%), SCHAEFFLER INDIA (up 14.0%) and Siemens (up 9.1%).
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What About the Benchmark Indices?
The BSE Sensex is at 74,707.9 (up 0.5%).
The top gainers among the BSE Sensex today are Power Grid Corp. (up 3.9%) and Bajaj Finance (up 2.0%). The most traded stocks in the BSE Sensex are ZOMATO and Tata Steel.
In the meantime, NSE Nifty is at 22,658.7 (up 0.5%). Power Grid Corp. and Bajaj Finserv are among the top gainers in NSE NIFTY.
Over the last 12 months, the BSE Sensex has moved up from 74,086.0 to 74,707.9, registering a gain of 621.9 points (up 0.8%).
Jyoti Structure Financial Update...
Jyoti Structure net profit grew 964.9% YoY to Rs 115 million for the quarter ended December 2024, compared to a profit of Rs 11 million a year ago. Net sales rose 146.2% to Rs 1,374 million during the period as against Rs 558 million in October-December 2023.
For the year ended March 2024, Jyoti Structure reported 808.6% increase in net profit to Rs 289 million compared to net loss of Rs 41 million during FY23. Revenue of the company grew 96.9% to Rs 4,514 million during FY24.
The current Price to earnings ratio of Jyoti Structure, based on rolling 12 month earnings, stands at 53.7.
Indian Share Market Update: Top Gainers and Losers
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