Wed Oct 30 10:41:47 UTC 2024: ## WPIL Soars 16%, Capital Goods Index Up 0.9%

**Mumbai, India** – WPIL. stock price surged by 16% today, reaching Rs 492.3, marking a significant gain for the company. This performance comes amidst a positive trend in the broader BSE CAPITAL GOODS index, which rose by 0.9% to 67,901.6.

**Key Takeaways:**

* WPIL.’s impressive performance over the past year saw its share price climb from Rs 319.7 to Rs 492.3, registering a gain of 54%.
* The BSE CAPITAL GOODS index also saw a strong performance over the last 12 months, rising from 45,914.5 to 67,901.6, a gain of 47.9%.
* Leading gainers in the BSE CAPITAL GOODS index today include Bharat Forge (up 3.3%) and GRINDWELL NORTON (up 2.6%).
* Honeywell Automation (down 7.5%) and Thermax (down 1.8%) were among the top losers.
* WPIL. reported a 14.5% year-on-year (YoY) increase in net profit for the quarter ended June 2024, reaching Rs 415 million. Net sales also saw a 12% rise during the period, reaching Rs 3,625 million.
* For the year ended March 2024, WPIL. reported an 8.5% increase in net profit to Rs 1,930 million, while revenue grew 3.7% to Rs 16,644 million.
* Equitymaster, a leading provider of financial research since 1996, highlighted the strong performance of WPIL. and the BSE CAPITAL GOODS index, inviting readers to share their insights on the stock.

**Market Performance:**

* The BSE Sensex closed at 80,014.2 (down 0.4%), with Infosys and Axis Bank being among the top losers.
* The NSE Nifty ended the day at 24,355.6 (down 0.5%), with Cipla and Trent leading the decline.

**Disclaimer:** Investment in securities markets is subject to market risks. Readers are advised to conduct their own research and consult with a qualified financial advisor before making any investment decisions.

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