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Huhtamaki India Gains 5%; BSE FMCG Index Up 0.8%
Tue, 19 Nov 10:16

Huhtamaki India Gains 5%; BSE FMCG Index Up 0.8%Image source: hudiemm/www.istockphoto.com

Huhtamaki India share price has zoomed 5% and is presently trading at Rs 274.1.

Meanwhile, the BSE FMCG index is at 20,747.9 (up 0.8%).

Among the top gainers in the BSE FMCG index today are E.I.D. Parry (up 5.6%) and KRBL (up 2.7%).

JYOTHY LABS (down 0.3%) and P&G Hygiene (down 0.3%) are among the top losers today.

Over the last one year, Huhtamaki India has moved down from Rs 304.9 to Rs 274.1, registering a loss of Rs 30.8 (down 10.1%).

On the other hand, the BSE FMCG index has moved up from 18,975.5 to 20,747.9, registering a gain of 9.3% during the last 12 months.

The top gainers among the BSE FMCG index stocks during this same period were Godfrey Phillips (up 193.2%), BOM.BURMAH (up 80.2%) and E.I.D. Parry (up 62.5%).

Revealed: Our Big Prediction

What About the Benchmark Indices?

The BSE Sensex is at 78,128.0 (up 1.0%).

The top gainers among the BSE Sensex today are M&M (up 3.5%) and MUNDRA PORT & SEZ (up 3.0%). The most traded stocks in the BSE Sensex are Tata Steel and NTPC.

In the meantime, NSE Nifty is at 23,691.9 (up 1.0%). M&M and Trent are among the top gainers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 65,675.9 to 78,128.0, registering a gain of 12,452.1 points (up 19.0%).

Huhtamaki India Financial Update...

Huhtamaki India net profit fell 63.7% YoY to Rs 117 million for the quarter ended September 2024, compared to a profit of Rs 323 million a year ago. Net sales declined 1.5% to Rs 6,525 million during the period as against Rs 6,625 million in July-September 2023.

For the year ended December 2023, Huhtamaki India reported 725.2% increase in net profit to Rs 4,096 million compared to net profit of Rs 496 million during FY22. Revenue of the company fell 14.5% to Rs 25,494 million during FY23.

The current Price to earnings ratio of Huhtamaki India, based on rolling 12 month earnings, stands at 5.1.


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