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GANDHIM.APPL Gains 6%; BSE CONSUMER DURABLES Index Down 0.0%
Wed, 16 Oct 9:19

GANDHIM.APPL Gains 6%; BSE CONSUMER DURABLES Index Down 0.0%Image source: StarLineArts/www.istockphoto.com

GANDHIM.APPL share price has zoomed 6% and is presently trading at Rs 957.9.

Meanwhile, the BSE CONSUMER DURABLES index is at 66,328.1 .

Among the top gainers in the BSE CONSUMER DURABLES index today are ORIENT ELECTRIC (up 3.8%) and Bajaj Electricals (up 1.7%).

CROMPTON GREAVES CONSUMER ELEC. (down 1.8%) and RAJESH EXPORTS (down 0.9%) are among the top losers today.

Over the last one year, GANDHIM.APPL has moved down from Rs 1,229.9 to Rs 957.9, registering a loss of Rs 272.0 (down 22.1%).

On the other hand, the BSE CONSUMER DURABLES index has moved up from 46,517.6 to 66,328.1, 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 185.7%), Blue Star (up 131.3%) and Voltas (up 114.8%).

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

What About the Benchmark Indices?

The BSE Sensex is at 81,646.6 (down 0.2%).

The top losers among the BSE Sensex today are TCS (down 1.0%) and Kotak Bank (down 0.8%). The most traded stocks in the BSE Sensex are Tata Steel and Tata Motors.

In the meantime, NSE Nifty is at 25,008.6 (down 0.2%). TATA STEEL 2% CCPS and TCS are among the top losers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 66,166.9 to 81,646.6, registering a gain of 15,479.7 points (up 23.4%).

GANDHIM.APPL Financial Update...

GANDHIM.APPL net profit fell 82.9% YoY to Rs 25 million for the quarter ended June 2024, compared to a profit of Rs 147 million a year ago. Net sales declined 17.0% to Rs 1,817 million during the period as against Rs 2,190 million in April-June 2023.

For the year ended March 2024, GANDHIM.APPL reported 85.7% decrease in net profit to Rs 74 million compared to net profit of Rs 517 million during FY23. Revenue of the company fell 11.9% to Rs 9,313 million during FY24.

The current Price to earnings ratio of GANDHIM.APPL, based on rolling 12 month earnings, stands at -355.1.


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