SYRMA SGS TECHNOLOGY Plunges 5%; BSE CAPITAL GOODS Index Down 1.2%
Wed, 22 Jan 10:12
Image source: ipopba/www.istockphoto.comSYRMA SGS TECHNOLOGY share price has plunged 5% and is presently trading at Rs 474.1.
Meanwhile, the BSE CAPITAL GOODS index is at 63,636.3 (down 1.2%).
Among the top losers in the BSE CAPITAL GOODS index today are HINDUSTAN AERO. (down 3.1%) and Bharat Electronics (down 2.8%).
Honeywell Automation (up 0.6%) and L&T (up 0.3%) are among the top gainers today.
Over the last one year, SYRMA SGS TECHNOLOGY has moved down from Rs 606.4 to Rs 474.1, registering a loss of Rs 132.4 (down 21.8%).
On the other hand, the BSE CAPITAL GOODS index has moved up from 57,301.2 to 63,636.3, registering a gain of 11.1% during the last 12 months.
The top gainers among the BSE CAPITAL GOODS index stocks during this same period were Siemens (up 44.4%), Bharat Electronics (up 40.2%) and ABB (up 32.1%).
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What About the Benchmark Indices?
The BSE Sensex is at 76,180.2 (up 0.5%).
The top gainers among the BSE Sensex today are Infosys (up 1.7%) and TCS (up 1.5%). The most traded stocks in the BSE Sensex are ZOMATO and HDFC Bank.
In the meantime, NSE Nifty is at 23,109.8 (up 0.4%). Wipro and Dr. Reddys are among the top gainers in NSE NIFTY.
Over the last 12 months, the BSE Sensex has moved up from 71,423.7 to 76,180.2, registering a gain of 4,756.5 points (up 6.7%).
SYRMA SGS TECHNOLOGY Financial Update...
SYRMA SGS TECHNOLOGY net profit grew 29.9% YoY to Rs 396 million for the quarter ended September 2024, compared to a profit of Rs 305 million a year ago. Net sales rose 17.0% to Rs 8,327 million during the period as against Rs 7,117 million in July-September 2023.
For the year ended March 2024, SYRMA SGS TECHNOLOGY reported 1.0% increase in net profit to Rs 1,243 million compared to net profit of Rs 1,231 million during FY23. Revenue of the company grew 54.0% to Rs 31,538 million during FY24.
The current Price to earnings ratio of SYRMA SGS TECHNOLOGY, based on rolling 12 month earnings, stands at 67.3.
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