MISHRA DHATU NIGAM Plunges 5%; BSE METAL Index Down 2.2%
Tue, 11 Feb 15:55
Image source: ThinkNeo/www.istockphoto.comMISHRA DHATU NIGAM share price has plunged 5% and is presently trading at Rs 284.5.
Meanwhile, the BSE METAL index is at 27,526.1 (down 2.2%).
Among the top losers in the BSE METAL index today are SAIL (down 4.9%) and Hindustan Zinc (down 4.0%).
Over the last one year, MISHRA DHATU NIGAM has moved down from Rs 474.1 to Rs 284.5, registering a loss of Rs 189.6 (down 40.0%).
On the other hand, the BSE METAL index has moved down from 28,222.6 to 27,526.1, registering a loss of 2.5% during the last 12 months.
The top losers among the BSE METAL index stocks during this same period were SAIL (down 30.3%), NMDC (down 23.8%) and Coal India (down 20.9%).
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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%).
MISHRA DHATU NIGAM Financial Update...
MISHRA DHATU NIGAM net profit grew 102.3% YoY to Rs 253 million for the quarter ended December 2024, compared to a profit of Rs 125 million a year ago. Net sales declined 5.6% to Rs 2,380 million during the period as against Rs 2,520 million in October-December 2023.
For the year ended March 2024, MISHRA DHATU NIGAM reported 41.3% decrease in net profit to Rs 918 million compared to net profit of Rs 1,563 million during FY23. Revenue of the company grew 23.0% to Rs 10,727 million during FY24.
The current Price to earnings ratio of MISHRA DHATU NIGAM, based on rolling 12 month earnings, stands at 53.1.
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