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AMBER ENTERPRISES INDIA Gains 7%; BSE CONSUMER DURABLES Index Down 0.2%
Wed, 16 Oct 14:45

AMBER ENTERPRISES INDIA Gains 7%; BSE CONSUMER DURABLES Index Down 0.2%Image source: alexsl/www.istockphoto.com

AMBER ENTERPRISES INDIA share price has zoomed 7% and is presently trading at Rs 5,524.1.

Meanwhile, the BSE CONSUMER DURABLES index is at 66,216.8 (down 0.2%).

Among the top gainers in the BSE CONSUMER DURABLES index today are Voltas (up 3.8%) and VAIBHAV GEMS (up 0.2%).

CROMPTON GREAVES CONSUMER ELEC. (down 1.8%) and RAJESH EXPORTS (down 1.3%) are among the top losers today.

Over the last one year, AMBER ENTERPRISES INDIA has moved up from Rs 2,938.8 to Rs 5,524.1, registering a gain of Rs 2,585.4 (up 88.0%).

On the other hand, the BSE CONSUMER DURABLES index has moved up from 46,517.6 to 66,216.8, registering a gain of 42.3% during the last 12 months.

The top gainers among the BSE CONSUMER DURABLES index stocks during this same period were DIXON TECHNOLOGIES (up 184.3%), Blue Star (up 127.2%) and Voltas (up 120.9%).

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

What About the Benchmark Indices?

The BSE Sensex is at 81,704.8 (down 0.1%).

The top losers among the BSE Sensex today are M&M (down 2.4%) and Titan (down 1.2%). The most traded stocks in the BSE Sensex are Tata Steel and Tata Motors.

In the meantime, NSE Nifty is at 25,023.9 (down 0.1%). Trent and M&M are among the top losers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 66,166.9 to 81,704.8, registering a gain of 15,537.9 points (up 23.5%).

AMBER ENTERPRISES INDIA Financial Update...

AMBER ENTERPRISES INDIA net profit grew 72.3% YoY to Rs 803 million for the quarter ended June 2024, compared to a profit of Rs 466 million a year ago. Net sales rose 41.1% to Rs 24,013 million during the period as against Rs 17,020 million in April-June 2023.

For the year ended March 2024, AMBER ENTERPRISES INDIA reported 14.8% decrease in net profit to Rs 1,395 million compared to net profit of Rs 1,638 million during FY23. Revenue of the company fell 2.9% to Rs 67,293 million during FY24.

The current Price to earnings ratio of AMBER ENTERPRISES INDIA, based on rolling 12 month earnings, stands at 106.3.


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