IFB INDUSTRIES share price has zoomed 4% and is presently trading at Rs 1,865.0.
Meanwhile, the BSE CONSUMER DURABLES index is at 65,969.1 (up 0.6%).
Among the top gainers in the BSE CONSUMER DURABLES index today are AMBER ENTERPRISES INDIA (up 2.6%) and DIXON TECHNOLOGIES (up 0.7%).
RAJESH EXPORTS (down 0.9%) and VAIBHAV GEMS (down 0.8%) are among the top losers today.
Over the last one year, IFB INDUSTRIES has moved up from Rs 886.7 to Rs 1,865.0, registering a gain of Rs 978.3 (up 110.3%).
On the other hand, the BSE CONSUMER DURABLES index has moved up from 46,003.6 to 65,969.1, registering a gain of 43.4% during the last 12 months.
The top gainers among the BSE CONSUMER DURABLES index stocks during this same period were DIXON TECHNOLOGIES (up 194.8%), Blue Star (up 132.8%) and Voltas (up 109.7%).
Dear Reader: If You Invest in Midcap Stocks, this is for You
The BSE Sensex is at 81,964.0 (up 0.7%).
The top gainers among the BSE Sensex today are Tech Mahindra (up 2.8%) and HDFC Bank (up 2.2%). The most traded stocks in the BSE Sensex are Tata Steel and Tata Motors.
In the meantime, NSE Nifty is at 25,121.0 (up 0.6%). Wipro and Tech Mahindra are among the top gainers in NSE NIFTY.
Over the last 12 months, the BSE Sensex has moved up from 66,079.4 to 81,964.0, registering a gain of 15,884.6 points (up 24.0%).
IFB INDUSTRIES net profit grew 994.3% YoY to Rs 403 million for the quarter ended June 2024, compared to a profit of Rs 37 million a year ago. Net sales rose 16.9% to Rs 12,692 million during the period as against Rs 10,859 million in April-June 2023.
For the year ended March 2024, IFB INDUSTRIES reported 237.1% increase in net profit to Rs 504 million compared to net profit of Rs 149 million during FY23. Revenue of the company grew 5.8% to Rs 44,378 million during FY24.
The current Price to earnings ratio of IFB INDUSTRIES, based on rolling 12 month earnings, stands at 68.0.
Equitymaster requests your view! Post a comment on "IFB INDUSTRIES Gains 4%; BSE CONSUMER DURABLES Index Up 0.6%". 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!