IFB INDUSTRIES share price has zoomed 3% and is presently trading at Rs 1,689.2.
Meanwhile, the BSE CONSUMER DURABLES index is at 59,072.3 (down 0.2%).
Among the top gainers in the BSE CONSUMER DURABLES index today are ORIENT ELECTRIC (up 1.1%) and WHIRLPOOL OF INDIA (up 0.9%).
Bajaj Electricals (down 1.4%) and Blue Star (down 0.7%) are among the top losers today.
Over the last one year, IFB INDUSTRIES has moved up from Rs 818.3 to Rs 1,689.2, registering a gain of Rs 871.0 (up 106.4%).
On the other hand, the BSE CONSUMER DURABLES index has moved up from 42,891.3 to 59,072.3, registering a gain of 37.7% during the last 12 months.
The top gainers among the BSE CONSUMER DURABLES index stocks during this same period were DIXON TECHNOLOGIES (up 152.9%), Blue Star (up 109.7%) and Voltas (up 91.0%).
Dear Reader: If You Invest in Midcap Stocks, this is for You
The BSE Sensex is at 77,906.5 (up 0.7%).
The top gainers among the BSE Sensex today are Axis Bank (up 2.7%) and HDFC Bank (up 2.2%). The most traded stocks in the BSE Sensex are HDFC Bank and Power Grid Corp..
In the meantime, NSE Nifty is at 23,692.8 (up 0.7%). Shriram Transport and Axis Bank are among the top gainers in NSE NIFTY.
Over the last 12 months, the BSE Sensex has moved up from 63,523.2 to 77,906.5, registering a gain of 14,383.4 points (up 22.6%).
IFB INDUSTRIES net profit grew 318.7% YoY to Rs 165 million for the quarter ended March 2024, compared to a loss of Rs 75 million a year ago. Net sales rose 7.9% to Rs 10,902 million during the period as against Rs 10,102 million in January-March 2023.
For the year ended March 2023, IFB INDUSTRIES reported 131.0% increase in net profit to Rs 149 million compared to net loss of Rs 482 million during FY22. Revenue of the company grew 22.8% to Rs 41,950 million during FY23.
The current Price to earnings ratio of IFB INDUSTRIES, based on rolling 12 month earnings, stands at 91.8.
Equitymaster requests your view! Post a comment on "IFB INDUSTRIES Gains 3%; BSE CONSUMER DURABLES Index Down 0.2%". Click here!
Comments are moderated by Equitymaster, in accordance with the Terms of Use, and may not appear
on this article until they have been reviewed and deemed appropriate for posting.
In the meantime, you may want to share this article with your friends!