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ELIN ELECTRONICS Gains 6%; BSE CONSUMER DURABLES Index Up 0.5%
Mon, 16 Sep 13:40

ELIN ELECTRONICS Gains 6%; BSE CONSUMER DURABLES Index Up 0.5%Image source: Kameleon007 /www.istockphoto.com

ELIN ELECTRONICS share price has zoomed 6% and is presently trading at Rs 277.8.

Meanwhile, the BSE CONSUMER DURABLES index is at 67,079.5 (up 0.5%).

Among the top gainers in the BSE CONSUMER DURABLES index today are DIXON TECHNOLOGIES (up 5.7%) and Blue Star (up 2.2%).

AMBER ENTERPRISES INDIA (down 2.8%) and WHIRLPOOL OF INDIA (down 1.2%) are among the top losers today.

Over the last one year, ELIN ELECTRONICS has moved up from Rs 163.0 to Rs 277.8, registering a gain of Rs 114.8 (up 70.5%).

On the other hand, the BSE CONSUMER DURABLES index has moved up from 45,510.1 to 67,079.5, registering a gain of 47.4% during the last 12 months.

The top gainers among the BSE CONSUMER DURABLES index stocks during this same period were DIXON TECHNOLOGIES (up 172.8%), Blue Star (up 147.4%) and Voltas (up 118.3%).

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What About the Benchmark Indices?

The BSE Sensex is at 83,042.9 (up 0.2%).

The top gainers among the BSE Sensex today are JSW Steel (up 2.1%) and NTPC (up 1.9%). The most traded stocks in the BSE Sensex are Tata Steel and Tata Motors.

In the meantime, NSE Nifty is at 25,401.0 (up 0.2%). JSW Steel and NTPC are among the top gainers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 67,221.1 to 83,042.9, registering a gain of 15,821.8 points (up 23.5%).

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 2024, ELIN ELECTRONICS reported 48.2% decrease in net profit to Rs 139 million compared to net profit of Rs 268 million during FY23. Revenue of the company fell 3.1% to Rs 10,417 million during FY24.

The current Price to earnings ratio of ELIN ELECTRONICS, based on rolling 12 month earnings, stands at 86.1.


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