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ELIN ELECTRONICS Gains 7%; BSE CONSUMER DURABLES Index Up 0.7%
Wed, 27 Nov 9:19

ELIN ELECTRONICS Gains 7%; BSE CONSUMER DURABLES Index Up 0.7%Image source: peterschreiber.media/www.istockphoto.com

ELIN ELECTRONICS share price has zoomed 7% and is presently trading at Rs 226.9.

Meanwhile, the BSE CONSUMER DURABLES index is at 63,004.2 (up 0.7%).

Among the top gainers in the BSE CONSUMER DURABLES index today are AMBER ENTERPRISES INDIA (up 1.6%) and Voltas (up 1.5%).

WHIRLPOOL OF INDIA (down 0.7%) is among the top losers today.

Over the last one year, ELIN ELECTRONICS has moved up from Rs 151.9 to Rs 226.9, registering a gain of Rs 75.0 (up 49.4%).

On the other hand, the BSE CONSUMER DURABLES index has moved up from 46,415.4 to 63,004.2, registering a gain of 35.7% during the last 12 months.

The top gainers among the BSE CONSUMER DURABLES index stocks during this same period were DIXON TECHNOLOGIES (up 194.9%), AMBER ENTERPRISES INDIA (up 108.9%) and Voltas (up 107.0%).

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

What About the Benchmark Indices?

The BSE Sensex is at 80,121.0 (up 0.1%).

The top gainers among the BSE Sensex today are M&M (up 1.6%) and Infosys (up 0.9%). The most traded stocks in the BSE Sensex are Tata Steel and NTPC.

In the meantime, NSE Nifty is at 24,204.8 . Coal India and Adani Enterprises are among the top gainers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 66,174.2 to 80,121.0, registering a gain of 13,946.8 points (up 21.1%).

ELIN ELECTRONICS Financial Update...

ELIN ELECTRONICS net profit grew 22.0% YoY to Rs 48 million for the quarter ended September 2024, compared to a profit of Rs 39 million a year ago. Net sales rose 11.4% to Rs 3,046 million during the period as against Rs 2,733 million in July-September 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 66.7.


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