SUNFLAG IRON & STEEL COMPANY Plunges 5%; BSE METAL Index Down 0.5%
Thu, 26 Dec 12:51
Image source: ThinkNeo/www.istockphoto.comSUNFLAG IRON & STEEL COMPANY share price has plunged 5% and is presently trading at Rs 268.9.
Meanwhile, the BSE METAL index is at 29,459.6 (down 0.5%).
Among the top losers in the BSE METAL index today are APOLLO TUBES (down 1.9%) and SAIL (down 1.8%).
Coal India (up 0.9%) and NMDC (up 0.7%) are among the top gainers today.
Over the last one year, SUNFLAG IRON & STEEL COMPANY has moved up from Rs 213.8 to Rs 268.9, registering a gain of Rs 55.1 (up 25.8%).
On the other hand, the BSE METAL index has moved up from 26,176.2 to 29,459.6, registering a gain of 12.5% during the last 12 months.
The top gainers among the BSE METAL index stocks during this same period were Vedanta (up 74.2%), Hindustan Zinc (up 46.3%) and Jindal Steel (up 27.2%).
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What About the Benchmark Indices?
The BSE Sensex is at 78,470.5 .
The top losers among the BSE Sensex today are ZOMATO (down 1.0%) and Asian Paints (down 0.7%). The most traded stocks in the BSE Sensex are ZOMATO and Tata Motors.
In the meantime, NSE Nifty is at 23,744.3 (up 0.1%). Maruti Suzuki and MUNDRA PORT & SEZ are among the top gainers in NSE NIFTY.
Over the last 12 months, the BSE Sensex has moved up from 71,336.8 to 78,470.5, registering a gain of 7,133.6 points (up 10.0%).
SUNFLAG IRON & STEEL COMPANY Financial Update...
SUNFLAG IRON & STEEL COMPANY net profit grew 6.4% YoY to Rs 410 million for the quarter ended September 2024, compared to a profit of Rs 385 million a year ago. Net sales rose 0.9% to Rs 8,657 million during the period as against Rs 8,580 million in July-September 2023.
For the year ended March 2024, SUNFLAG IRON & STEEL COMPANY reported 87.3% decrease in net profit to Rs 1,417 million compared to net profit of Rs 11,144 million during FY23. Revenue of the company fell 2.1% to Rs 34,153 million during FY24.
The current Price to earnings ratio of SUNFLAG IRON & STEEL COMPANY, based on rolling 12 month earnings, stands at 33.1.
Indian Share Market Update: Top Gainers and Losers
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