Helping You Build Wealth With Honest Research
Since 1996. Read On...

MEMBER'S LOGINX

     
Invalid Username / Password
   
     
   
     
 
Invalid Captcha
   
 
 
 
(Please do not use this option on a public machine)
 
     
 
 
 
  Sign Up | Forgot Password?  

ELIN ELECTRONICS Gains 9%; BSE CONSUMER DURABLES Index Up 0.2%
Fri, 23 Aug 11:12

ELIN ELECTRONICS Gains 9%; BSE CONSUMER DURABLES Index Up 0.2%Image source: Eoneren/www.istockphoto.com

ELIN ELECTRONICS share price has zoomed 9% and is presently trading at Rs 234.0.

Meanwhile, the BSE CONSUMER DURABLES index is at 63,301.3 (up 0.2%).

Among the top gainers in the BSE CONSUMER DURABLES index today are DIXON TECHNOLOGIES (up 3.5%) and CROMPTON GREAVES CONSUMER ELEC. (up 0.9%).

ORIENT ELECTRIC (down 1.0%) and Blue Star (down 0.7%) are among the top losers today.

Over the last one year, ELIN ELECTRONICS has moved up from Rs 148.9 to Rs 234.0, registering a gain of Rs 85.1 (up 57.2%).

On the other hand, the BSE CONSUMER DURABLES index has moved up from 43,590.0 to 63,301.3, registering a gain of 45.2% during the last 12 months.

The top gainers among the BSE CONSUMER DURABLES index stocks during this same period were DIXON TECHNOLOGIES (up 171.9%), Blue Star (up 131.5%) and Voltas (up 107.6%).

Must See: These Segments are Witnessing Incredible Growth with Modi's Push

What About the Benchmark Indices?

The BSE Sensex is at 81,141.6 (up 0.1%).

The top gainers among the BSE Sensex today are Tata Motors (up 1.7%) and Sun Pharma (up 0.9%). The most traded stocks in the BSE Sensex are Tata Steel and Tata Motors.

In the meantime, NSE Nifty is at 24,847.2 (up 0.1%). Bajaj Auto and Tata Motors are among the top gainers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 65,216.1 to 81,141.6, registering a gain of 15,925.5 points (up 24.4%).

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 72.5.


Equitymaster requests your view! Post a comment on "ELIN ELECTRONICS Gains 9%; BSE CONSUMER DURABLES Index Up 0.2%". Click here!