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ADANI WILMAR Gains 6%; BSE FMCG Index Down 0.3%
Mon, 29 Jul 12:26

ADANI WILMAR Gains 6%; BSE FMCG Index Down 0.3%Image source: StarLineArts/www.istockphoto.com

ADANI WILMAR share price has zoomed 6% and is presently trading at Rs 343.6.

Meanwhile, the BSE FMCG index is at 22,616.9 (down 0.3%).

Among the top gainers in the BSE FMCG index today are E.I.D. Parry (up 6.5%) and VST Industries (up 5.8%).

JYOTHY LABS (down 2.5%) and UNITED BREWERIES (down 2.5%) are among the top losers today.

Over the last one year, ADANI WILMAR has moved down from Rs 416.7 to Rs 343.6, registering a loss of Rs 73.1 (down 17.5%).

On the other hand, the BSE FMCG index has moved up from 18,855.9 to 22,616.9, registering a gain of 19.9% during the last 12 months.

The top gainers among the BSE FMCG index stocks during this same period were Godfrey Phillips (up 153.1%), BOM.BURMAH (up 104.7%) and Emami (up 88.5%).

Dear Reader: If You Invest in Midcap Stocks, this is for You

What About the Benchmark Indices?

The BSE Sensex is at 81,287.4 (down 0.1%).

The top losers among the BSE Sensex today are Bharti Airtel (down 2.3%) and Titan (down 2.0%). The most traded stocks in the BSE Sensex are Tata Steel and SBI.

In the meantime, NSE Nifty is at 24,824.9 . Titan and Tata Consumer Products are among the top losers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 66,355.7 to 81,287.4, registering a gain of 14,931.7 points (up 22.5%).

ADANI WILMAR Financial Update...

ADANI WILMAR net profit grew 67.3% YoY to Rs 1,546 million for the quarter ended March 2024, compared to a profit of Rs 924 million a year ago. Net sales declined 4.6% to Rs 132,380 million during the period as against Rs 138,726 million in January-March 2023.

For the year ended March 2024, ADANI WILMAR reported 69.2% decrease in net profit to Rs 1,707 million compared to net profit of Rs 5,536 million during FY23. Revenue of the company fell 11.9% to Rs 512,616 million during FY24.

The current Price to earnings ratio of ADANI WILMAR, based on rolling 12 month earnings, stands at 261.7.


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