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Eveready Industries Plunges 8%; BSE CONSUMER DURABLES Index Down 2.1%
Mon, 7 Oct 13:8

Eveready Industries Plunges 8%; BSE CONSUMER DURABLES Index Down 2.1%Image source: Kameleon007 /www.istockphoto.com

Eveready Industries share price has plunged 8% and is presently trading at Rs 414.9.

Meanwhile, the BSE CONSUMER DURABLES index is at 64,448.4 (down 2.1%).

Among the top losers in the BSE CONSUMER DURABLES index today are Blue Star (down 6.1%) and ORIENT ELECTRIC (down 4.5%).

CROMPTON GREAVES CONSUMER ELEC. is among the top gainers today.

Over the last one year, Eveready Industries has moved up from Rs 383.7 to Rs 414.9, registering a gain of Rs 31.2 (up 8.1%).

On the other hand, the BSE CONSUMER DURABLES index has moved up from 45,729.3 to 64,448.4, registering a gain of 40.9% during the last 12 months.

The top gainers among the BSE CONSUMER DURABLES index stocks during this same period were DIXON TECHNOLOGIES (up 155.0%), Blue Star (up 118.1%) and Voltas (up 102.6%).

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What About the Benchmark Indices?

The BSE Sensex is at 81,137.6 (down 0.7%).

The top losers among the BSE Sensex today are NTPC (down 4.1%) and MUNDRA PORT & SEZ (down 3.9%). The most traded stocks in the BSE Sensex are Tata Steel and Axis Bank.

In the meantime, NSE Nifty is at 24,793.9 (down 0.9%). NTPC and MUNDRA PORT & SEZ are among the top losers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 65,512.1 to 81,137.6, registering a gain of 15,625.5 points (up 23.9%).

Eveready Industries Financial Update...

Eveready Industries net profit grew 18.1% YoY to Rs 294 million for the quarter ended June 2024, compared to a profit of Rs 249 million a year ago. Net sales declined 3.9% to Rs 3,494 million during the period as against Rs 3,636 million in April-June 2023.

For the year ended March 2024, Eveready Industries reported 141.7% increase in net profit to Rs 668 million compared to net profit of Rs 276 million during FY23. Revenue of the company fell 1.0% to Rs 13,143 million during FY24.

The current Price to earnings ratio of Eveready Industries, based on rolling 12 month earnings, stands at 42.3.


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