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ICE MAKE REFRIGERATION Plunges 8%; BSE CAPITAL GOODS Index Up 0.2%
Thu, 14 Nov 14:27

ICE MAKE REFRIGERATION  Plunges 8%; BSE CAPITAL GOODS Index Up 0.2%Image source: KanawatTH/www.istockphoto.com

ICE MAKE REFRIGERATION share price has plunged 8% and is presently trading at Rs 781.0.

Meanwhile, the BSE CAPITAL GOODS index is at 66,043.0 (up 0.2%).

Among the top losers in the BSE CAPITAL GOODS index today are SKF India (down 5.9%) and ABB (down 1.6%).

Carborundum Universal (up 2.9%) and Thermax (up 2.4%) are among the top gainers today.

Over the last one year, ICE MAKE REFRIGERATION has moved up from Rs 608.2 to Rs 781.0, registering a gain of Rs 172.9 (up 28.4%).

On the other hand, the BSE CAPITAL GOODS index has moved up from 48,009.5 to 66,043.0, registering a gain of 37.6% during the last 12 months.

The top gainers among the BSE CAPITAL GOODS index stocks during this same period were Bharat Electronics (up 101.4%), HINDUSTAN AERO. (up 98.3%) and Siemens (up 95.7%).

For Investors: Our Big Prediction

What About the Benchmark Indices?

The BSE Sensex is at 77,603.0 (down 0.1%).

The top losers among the BSE Sensex today are Hindustan Unilever (down 2.5%) and Power Grid Corp. (down 1.9%). The most traded stocks in the BSE Sensex are Tata Steel and Tata Motors.

In the meantime, NSE Nifty is at 23,543.9 (down 0.1%). BPCL and Tata Consumer Products are among the top losers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 65,259.5 to 77,603.0, registering a gain of 12,343.6 points (up 18.9%).

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 50.5.


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