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Gillette India Gains 10%; BSE FMCG Index Up 1.2%
Mon, 25 Nov 14:15

Gillette India Gains 10%; BSE FMCG Index Up 1.2%Image source: StarLineArts/www.istockphoto.com

Gillette India share price has zoomed 10% and is presently trading at Rs 10,244.4.

Meanwhile, the BSE FMCG index is at 21,030.3 (up 1.2%).

Among the top gainers in the BSE FMCG index today are Colgate (up 4.3%) and Balrampur Chini (up 4.1%).

Ruchi Soya Industries (down 1.8%) and CCL PRODUCTS (down 0.2%) are among the top losers today.

Over the last one year, Gillette India has moved up from Rs 6,427.7 to Rs 10,244.4, registering a gain of Rs 3,816.8 (up 59.4%).

On the other hand, the BSE FMCG index has moved up from 18,984.8 to 21,030.3, registering a gain of 10.8% during the last 12 months.

The top gainers among the BSE FMCG index stocks during this same period were Godfrey Phillips (up 178.6%), BOM.BURMAH (up 72.0%) and E.I.D. Parry (up 68.8%).

Don't Miss: Key Information for Long-term Investors

What About the Benchmark Indices?

The BSE Sensex is at 79,969.4 (up 1.1%).

The top gainers among the BSE Sensex today are L&T (up 4.0%) and SBI (up 3.6%). The most traded stocks in the BSE Sensex are Power Grid Corp. and Tata Steel.

In the meantime, NSE Nifty is at 24,201.3 (up 1.2%). ONGC and Bharat Electronics are among the top gainers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 65,930.8 to 79,969.4, registering a gain of 14,038.7 points (up 21.3%).

Gillette India Financial Update...

Gillette India net profit grew 43.5% YoY to Rs 1,330 million for the quarter ended September 2024, compared to a profit of Rs 927 million a year ago. Net sales rose 17.1% to Rs 7,818 million during the period as against Rs 6,676 million in July-September 2023.

For the year ended June 2024, Gillette India reported 15.8% increase in net profit to Rs 4,117 million compared to net profit of Rs 3,557 million during FY23. Revenue of the company grew 6.3% to Rs 26,331 million during FY24.

The current Price to earnings ratio of Gillette India, based on rolling 12 month earnings, stands at 73.8.


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