Precision Camshafts Ltd Share Price – NSE  /  BSE

Auto Ancillaries, Small Cap

Precision Camshafts announced that the 32th Annual General Meeting(AGM) of the company will be held on 26 July 2024.

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Mahalaxmi Rubtech Ltd, Bansal Roofing Products Ltd, Om Infra Ltd and Exxaro Tiles Ltd are among the other losers in the BSE's 'B' group today, 24 May 2024.

Precision Camshafts Ltd crashed 10.86% to Rs 193.4 at 14:32 IST.The stock was the biggest loser in the BSE's 'B' group.On the BSE, 1.29 lakh shares were traded on the counter so far as against the average daily volumes of 15451 shares in the past one month.

Mahalaxmi Rubtech Ltd tumbled 7.94% to Rs 225. The stock was the second biggest loser in 'B' group.On the BSE, 13191 shares were traded on the counter so far as against the average daily volumes of 9791 shares in the past one month.

Bansal Roofing Products Ltd lost 7.74% to Rs 81.49. The stock was the third biggest loser in 'B' group.On the BSE, 1.01 lakh shares were traded on the counter so far as against the average daily volumes of 10926 shares in the past one month.

Om Infra Ltd shed 7.17% to Rs 121.1. The stock was the fourth biggest loser in 'B' group.On the BSE, 91674 shares were traded on the counter so far as against the average daily volumes of 28502 shares in the past one month.

Exxaro Tiles Ltd pared 6.72% to Rs 105.5. The stock was the fifth biggest loser in 'B' group.On the BSE, 62841 shares were traded on the counter so far as against the average daily volumes of 36759 shares in the past one month.

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Net profit of Precision Camshafts declined 69.85% to Rs 3.35 crore in the quarter ended March 2024 as against Rs 11.11 crore during the previous quarter ended March 2023. Sales declined 8.03% to Rs 256.19 crore in the quarter ended March 2024 as against Rs 278.57 crore during the previous quarter ended March 2023.

For the full year,net profit declined 12.83% to Rs 40.35 crore in the year ended March 2024 as against Rs 46.29 crore during the previous year ended March 2023. Sales declined 4.54% to Rs 1031.14 crore in the year ended March 2024 as against Rs 1080.14 crore during the previous year ended March 2023.

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Precision Camshafts announced that the Board of Directors of the Company at its meeting held on 23 May 2024, has recommended a Final dividend of Rs.1 per share (i.e.10%), subject to the approval of the shareholders.

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