Helping You Build Wealth With Honest Research
Since 1996. Read On...

MEMBER'S LOGINX

     
Invalid Username / Password
   
     
   
     
 
Invalid Captcha
   
 
 
 
(Please do not use this option on a public machine)
 
     
 
 
 
  Sign Up | Forgot Password?  

ICE MAKE REFRIGERATION Gains 9%; BSE CAPITAL GOODS Index Up 0.1%
Wed, 16 Oct 14:46

ICE MAKE REFRIGERATION  Gains 9%; BSE CAPITAL GOODS Index Up 0.1%Image source: Kameleon007 /www.istockphoto.com

ICE MAKE REFRIGERATION share price has zoomed 9% and is presently trading at Rs 860.5.

Meanwhile, the BSE CAPITAL GOODS index is at 72,413.6 (up 0.1%).

Among the top gainers in the BSE CAPITAL GOODS index today are HINDUSTAN AERO. (up 2.0%) and ABB (up 1.8%).

TIMKEN INDIA (down 2.0%) and Carborundum Universal (down 1.8%) are among the top losers today.

Over the last one year, ICE MAKE REFRIGERATION has moved up from Rs 695.7 to Rs 860.5, registering a gain of Rs 164.8 (up 23.7%).

On the other hand, the BSE CAPITAL GOODS index has moved up from 48,111.6 to 72,413.6, registering a gain of 50.5% during the last 12 months.

The top gainers among the BSE CAPITAL GOODS index stocks during this same period were HINDUSTAN AERO. (up 137.6%), Siemens (up 122.1%) and Bharat Electronics (up 108.6%).

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

What About the Benchmark Indices?

The BSE Sensex is at 81,704.8 (down 0.1%).

The top losers among the BSE Sensex today are M&M (down 2.4%) and Titan (down 1.2%). The most traded stocks in the BSE Sensex are Tata Steel and Tata Motors.

In the meantime, NSE Nifty is at 25,023.9 (down 0.1%). Trent and M&M are among the top losers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 66,166.9 to 81,704.8, registering a gain of 15,537.9 points (up 23.5%).

ICE MAKE REFRIGERATION Financial Update...

ICE MAKE REFRIGERATION net profit fell 32.0% YoY to Rs 36 million for the quarter ended June 2024, compared to a profit of Rs 54 million a year ago. Net sales rose 7.7% to Rs 852 million during the period as against Rs 791 million in April-June 2023.

For the year ended March 2023, ICE MAKE REFRIGERATION reported 184.2% increase in net profit to Rs 208 million compared to net profit of Rs 73 million during FY22. Revenue of the company grew 51.5% to Rs 3,122 million during FY23.

The current Price to earnings ratio of ICE MAKE REFRIGERATION , based on rolling 12 month earnings, stands at 55.6.


Equitymaster requests your view! Post a comment on "ICE MAKE REFRIGERATION Gains 9%; BSE CAPITAL GOODS Index Up 0.1%". Click here!