RAIL VIKAS NIGAM Gains 4%; BSE CAPITAL GOODS Index Up 0.4%
Wed, 11 Dec 12:7
Image source: Sakorn BernardaSv/www.istockphoto.comRAIL VIKAS NIGAM share price has zoomed 4% and is presently trading at Rs 478.0.
Meanwhile, the BSE CAPITAL GOODS index is at 73,619.0 (up 0.4%).
Among the top gainers in the BSE CAPITAL GOODS index today are Carborundum Universal (up 4.0%) and GRINDWELL NORTON (up 3.2%).
ADANI GREEN ENERGY (down 1.9%) and V GUARD IND. (down 1.7%) are among the top losers today.
Over the last one year, RAIL VIKAS NIGAM has moved up from Rs 178.3 to Rs 478.0, registering a gain of Rs 299.8 (up 168.2%).
On the other hand, the BSE CAPITAL GOODS index has moved up from 53,606.4 to 73,619.0, registering a gain of 37.3% during the last 12 months.
The top gainers among the BSE CAPITAL GOODS index stocks during this same period were Siemens (up 102.9%), Bharat Electronics (up 95.2%) and Thermax (up 76.5%).
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What About the Benchmark Indices?
The BSE Sensex is at 81,681.7 (up 0.2%).
The top gainers among the BSE Sensex today are Nestle (up 1.6%) and Ultratech Cement (up 1.6%). The most traded stocks in the BSE Sensex are Tata Steel and Tata Motors.
In the meantime, NSE Nifty is at 24,672.6 (up 0.3%). Nestle and Ultratech Cement are among the top gainers in NSE NIFTY.
Over the last 12 months, the BSE Sensex has moved up from 69,928.5 to 81,681.7, registering a gain of 11,753.2 points (up 16.8%).
RAIL VIKAS NIGAM Financial Update...
RAIL VIKAS NIGAM net profit fell 18.4% YoY to Rs 3,021 million for the quarter ended September 2024, compared to a profit of Rs 3,702 million a year ago. Net sales declined 1.2% to Rs 48,550 million during the period as against Rs 49,143 million in July-September 2023.
For the year ended March 2024, RAIL VIKAS NIGAM reported 17.3% increase in net profit to Rs 15,745 million compared to net profit of Rs 13,418 million during FY23. Revenue of the company grew 7.9% to Rs 218,892 million during FY24.
The current Price to earnings ratio of RAIL VIKAS NIGAM, based on rolling 12 month earnings, stands at 77.3.
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