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GANDHIM.APPL Plunges 3%; BSE CONSUMER DURABLES Index Down 0.7%
Thu, 8 Aug 13:18

GANDHIM.APPL Plunges 3%; BSE CONSUMER DURABLES Index Down 0.7%Image source: bluebay2014/www.istockphoto.com

GANDHIM.APPL share price has plunged 3% and is presently trading at Rs 845.8.

Meanwhile, the BSE CONSUMER DURABLES index is at 58,146.1 (down 0.7%).

Among the top losers in the BSE CONSUMER DURABLES index today are Blue Star (down 1.5%) and Voltas (down 1.2%).

ORIENT ELECTRIC (up 4.3%) and AMBER ENTERPRISES INDIA (up 1.7%) are among the top gainers today.

Over the last one year, GANDHIM.APPL has moved down from Rs 1,220.7 to Rs 845.8, registering a loss of Rs 375.0 (down 30.7%).

On the other hand, the BSE CONSUMER DURABLES index has moved up from 42,308.7 to 58,146.1, registering a gain of 37.4% during the last 12 months.

The top gainers among the BSE CONSUMER DURABLES index stocks during this same period were DIXON TECHNOLOGIES (up 147.8%), Blue Star (up 117.5%) and Voltas (up 75.6%).

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What About the Benchmark Indices?

The BSE Sensex is at 78,999.1 (down 0.6%).

The top losers among the BSE Sensex today are Power Grid Corp. (down 2.9%) and Infosys (down 2.8%). The most traded stocks in the BSE Sensex are Tata Steel and Tata Motors.

In the meantime, NSE Nifty is at 24,160.4 (down 0.6%). LTIMINDTREE and Infosys are among the top losers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 65,953.5 to 78,999.1, registering a gain of 13,045.7 points (up 19.8%).

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 -313.5.


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