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ADANI WILMAR Plunges 5%; BSE FMCG Index Down 0.2%
Mon, 12 Aug 9:22

ADANI WILMAR Plunges 5%; BSE FMCG Index Down 0.2%Image source: Kameleon007 /www.istockphoto.com

ADANI WILMAR share price has plunged 5% and is presently trading at Rs 366.4.

Meanwhile, the BSE FMCG index is at 22,488.4 (down 0.2%).

Among the top losers in the BSE FMCG index today are AVANTI FEEDS (down 2.1%) and GODREJ AGROVET (down 1.8%).

Tata Coffee (up 3.6%) and Godfrey Phillips (up 1.1%) are among the top gainers today.

Over the last one year, ADANI WILMAR has moved down from Rs 393.1 to Rs 366.4, registering a loss of Rs 26.7 (down 6.8%).

On the other hand, the BSE FMCG index has moved up from 18,726.5 to 22,488.4, registering a gain of 20.1% during the last 12 months.

The top gainers among the BSE FMCG index stocks during this same period were BOM.BURMAH (up 128.4%), Godfrey Phillips (up 115.6%) and AVANTI FEEDS (up 86.8%).

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What About the Benchmark Indices?

The BSE Sensex is at 79,467.9 (down 0.3%).

The top losers among the BSE Sensex today are MUNDRA PORT & SEZ (down 2.8%) and Power Grid Corp. (down 1.3%). The most traded stocks in the BSE Sensex are Tata Steel and MUNDRA PORT & SEZ.

In the meantime, NSE Nifty is at 24,268.7 (down 0.4%). 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 65,846.5 to 79,467.9, registering a gain of 13,621.4 points (up 20.7%).

ADANI WILMAR Financial Update...

ADANI WILMAR net profit grew 621.9% YoY to Rs 3,116 million for the quarter ended June 2024, compared to a loss of Rs 597 million a year ago. Net sales rose 9.6% to Rs 141,686 million during the period as against Rs 129,281 million in April-June 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 87.9.


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