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ELIN ELECTRONICS Gains 5%; BSE CONSUMER DURABLES Index Up 1.0%
Mon, 19 Aug 12:33

ELIN ELECTRONICS Gains 5%; BSE CONSUMER DURABLES Index Up 1.0%Image source: phive2015/www.istockphoto.com

ELIN ELECTRONICS share price has zoomed 5% and is presently trading at Rs 217.0.

Meanwhile, the BSE CONSUMER DURABLES index is at 61,274.0 (up 1.0%).

Among the top gainers in the BSE CONSUMER DURABLES index today are Voltas (up 3.8%) and VAIBHAV GEMS (up 3.1%).

Bajaj Electricals (down 1.3%) and WHIRLPOOL OF INDIA (down 0.1%) are among the top losers today.

Over the last one year, ELIN ELECTRONICS has moved up from Rs 146.6 to Rs 217.0, registering a gain of Rs 70.4 (up 48.0%).

On the other hand, the BSE CONSUMER DURABLES index has moved up from 42,980.5 to 61,274.0, registering a gain of 42.6% during the last 12 months.

The top gainers among the BSE CONSUMER DURABLES index stocks during this same period were DIXON TECHNOLOGIES (up 172.0%), Blue Star (up 133.3%) and Voltas (up 92.9%).

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What About the Benchmark Indices?

The BSE Sensex is at 80,432.0 .

The top losers among the BSE Sensex today are M&M (down 2.0%) and Bharti Airtel (down 1.2%). The most traded stocks in the BSE Sensex are Tata Steel and NTPC.

In the meantime, NSE Nifty is at 24,556.6 (up 0.1%). Hindalco and BPCL are among the top gainers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 65,401.9 to 80,432.0, registering a gain of 15,030.1 points (up 23.0%).

ELIN ELECTRONICS Financial Update...

ELIN ELECTRONICS net profit grew 56.9% YoY to Rs 59 million for the quarter ended June 2024, compared to a profit of Rs 38 million a year ago. Net sales rose 15.7% to Rs 2,936 million during the period as against Rs 2,538 million in April-June 2023.

For the year ended March 2023, ELIN ELECTRONICS reported 31.6% decrease in net profit to Rs 268 million compared to net profit of Rs 392 million during FY22. Revenue of the company fell 1.7% to Rs 10,754 million during FY23.

The current Price to earnings ratio of ELIN ELECTRONICS, based on rolling 12 month earnings, stands at 67.3.


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