ADANI WILMAR share price has plunged 10% and is presently trading at Rs 294.4.
Meanwhile, the BSE FMCG index is at 20,425.9 (down 0.9%).
Among the top losers in the BSE FMCG index today are Ruchi Soya Industries (down 4.6%) and Emami (down 2.9%).
Tata Consumer Products (up 0.2%) is among the top gainers today.
Over the last one year, ADANI WILMAR has moved down from Rs 309.9 to Rs 294.4, registering a loss of Rs 15.5 (down 5.0%).
On the other hand, the BSE FMCG index has moved up from 19,006.8 to 20,425.9, registering a gain of 7.5% during the last 12 months.
The top gainers among the BSE FMCG index stocks during this same period were Godfrey Phillips (up 183.8%), BOM.BURMAH (up 69.6%) and E.I.D. Parry (up 65.7%).
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The BSE Sensex is at 77,056.3 (down 0.7%).
The top losers among the BSE Sensex today are MUNDRA PORT & SEZ (down 20.0%) and SBI (down 4.0%). The most traded stocks in the BSE Sensex are Tata Steel and Tata Motors.
In the meantime, NSE Nifty is at 23,333.8 (down 0.8%). Adani Enterprises and MUNDRA PORT & SEZ are among the top losers in NSE NIFTY.
Over the last 12 months, the BSE Sensex has moved up from 65,655.2 to 77,056.3, registering a gain of 11,401.2 points (up 17.4%).
ADANI WILMAR net profit grew 316.5% YoY to Rs 2,819 million for the quarter ended September 2024, compared to a loss of Rs 1,302 million a year ago. Net sales rose 17.9% to Rs 144,605 million during the period as against Rs 122,672 million in July-September 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 40.1.
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