MODISON METALS Gains 9%; BSE CAPITAL GOODS Index Up 0.0%
Fri, 27 Dec 10:29
Image source: ipopba/www.istockphoto.comMODISON METALS share price has zoomed 9% and is presently trading at Rs 197.5.
Meanwhile, the BSE CAPITAL GOODS index is at 68,593.6 .
Among the top gainers in the BSE CAPITAL GOODS index today are Bharat Forge (up 2.3%) and SKF India (up 2.1%).
Honeywell Automation (down 1.6%) and Finolex Cables (down 0.9%) are among the top losers today.
Over the last one year, MODISON METALS has moved up from Rs 130.4 to Rs 197.5, registering a gain of Rs 67.1 (up 51.5%).
On the other hand, the BSE CAPITAL GOODS index has moved up from 54,786.2 to 68,593.6, registering a gain of 25.2% during the last 12 months.
The top gainers among the BSE CAPITAL GOODS index stocks during this same period were Siemens (up 67.9%), Bharat Electronics (up 62.3%) and HINDUSTAN AERO. (up 49.8%).
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What About the Benchmark Indices?
The BSE Sensex is at 79,002.0 (up 0.7%).
The top gainers among the BSE Sensex today are Tata Motors (up 3.4%) and Indusind Bank (up 2.9%). The most traded stocks in the BSE Sensex are Tata Motors and ZOMATO.
In the meantime, NSE Nifty is at 23,920.4 (up 0.7%). Indusind Bank and Tata Motors are among the top gainers in NSE NIFTY.
Over the last 12 months, the BSE Sensex has moved up from 71,336.8 to 79,002.0, registering a gain of 7,665.2 points (up 10.7%).
MODISON METALS Financial Update...
MODISON METALS net profit grew 45.9% YoY to Rs 82 million for the quarter ended September 2024, compared to a profit of Rs 56 million a year ago. Net sales rose 26.1% to Rs 1,225 million during the period as against Rs 972 million in July-September 2023.
For the year ended March 2024, MODISON METALS reported 91.1% increase in net profit to Rs 214 million compared to net profit of Rs 112 million during FY23. Revenue of the company grew 20.9% to Rs 4,046 million during FY24.
The current Price to earnings ratio of MODISON METALS, based on rolling 12 month earnings, stands at 32.8.
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