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WALCHANDNAGAR Gains 5%; BSE CAPITAL GOODS Index Up 0.5%
Thu, 27 Mar 9:33

WALCHANDNAGAR Gains 5%; BSE CAPITAL GOODS Index Up 0.5%Image source: phive2015/www.istockphoto.com

WALCHANDNAGAR share price has zoomed 5% and is presently trading at Rs 156.3.

Meanwhile, the BSE CAPITAL GOODS index is at 62,792.5 (up 0.5%).

Among the top gainers in the BSE CAPITAL GOODS index today are L&T (up 1.3%) and HINDUSTAN AERO. (up 1.2%).

Bharat Forge (down 2.7%) and GRINDWELL NORTON (down 1.5%) are among the top losers today.

Over the last one year, WALCHANDNAGAR has moved down from Rs 202.8 to Rs 156.3, registering a loss of Rs 46.6 (down 23.0%).

On the other hand, the BSE CAPITAL GOODS index has moved up from 59,424.9 to 62,792.5, registering a gain of 5.7% during the last 12 months.

The top gainers among the BSE CAPITAL GOODS index stocks during this same period were Bharat Electronics (up 50.4%), HINDUSTAN AERO. (up 26.6%) and SCHAEFFLER INDIA (up 21.3%).

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What About the Benchmark Indices?

The BSE Sensex is at 77,454.8 (up 0.2%).

The top gainers among the BSE Sensex today are ZOMATO (up 2.0%) and L&T (up 1.3%). The most traded stocks in the BSE Sensex are ZOMATO and Tata Motors.

In the meantime, NSE Nifty is at 23,543.9 (up 0.2%). Wipro and L&T are among the top gainers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 72,470.3 to 77,454.8, registering a gain of 4,984.5 points (up 6.9%).

WALCHANDNAGAR Financial Update...

WALCHANDNAGAR net profit grew 8.2% YoY to Rs -171 million for the quarter ended December 2024, compared to a loss of Rs 187 million a year ago. Net sales rose 5.7% to Rs 591 million during the period as against Rs 559 million in October-December 2023.

For the year ended March 2024, WALCHANDNAGAR reported 313.6% decrease in net profit to Rs -418 million compared to net profit of Rs 196 million during FY23. Revenue of the company fell 6.1% to Rs 3,024 million during FY24.

The current Price to earnings ratio of WALCHANDNAGAR, based on rolling 12 month earnings, stands at -31.5.


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