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Johnson Controls Gains 6%; BSE CONSUMER DURABLES Index Down 0.5%
Wed, 26 Jun 14:53

Johnson Controls Gains 6%; BSE CONSUMER DURABLES Index Down 0.5%Image source: alexsl/www.istockphoto.com

Johnson Controls share price has zoomed 6% and is presently trading at Rs 1,985.5.

Meanwhile, the BSE CONSUMER DURABLES index is at 58,780.2 (down 0.5%).

Among the top gainers in the BSE CONSUMER DURABLES index today are AMBER ENTERPRISES INDIA (up 4.7%) and ORIENT ELECTRIC (up 2.9%).

VAIBHAV GEMS (down 2.7%) and DIXON TECHNOLOGIES (down 2.4%) are among the top losers today.

Over the last one year, Johnson Controls has moved up from Rs 1,035.3 to Rs 1,985.5, registering a gain of Rs 950.2 (up 91.8%).

On the other hand, the BSE CONSUMER DURABLES index has moved up from 42,324.6 to 58,780.2, registering a gain of 38.9% during the last 12 months.

The top gainers among the BSE CONSUMER DURABLES index stocks during this same period were DIXON TECHNOLOGIES (up 156.4%), Blue Star (up 111.2%) and Voltas (up 97.7%).

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

What About the Benchmark Indices?

The BSE Sensex is at 78,679.8 (up 0.8%).

The top gainers among the BSE Sensex today are Bharti Airtel (up 3.8%) and Reliance Ind. (up 3.6%). The most traded stocks in the BSE Sensex are Tata Steel and Reliance Ind..

In the meantime, NSE Nifty is at 23,874.9 (up 0.7%). Reliance Ind. and Bharti Airtel are among the top gainers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 62,970.0 to 78,679.8, registering a gain of 15,709.8 points (up 24.9%).

Johnson Controls Financial Update...

Johnson Controls net profit grew 4704.7% YoY to Rs 488 million for the quarter ended March 2024, compared to a loss of Rs 11 million a year ago. Net sales rose 40.9% to Rs 7,718 million during the period as against Rs 5,476 million in January-March 2023.

For the year ended March 2023, Johnson Controls reported 609.6% decrease in net profit to Rs -821 million compared to net profit of Rs 161 million during FY22. Revenue of the company grew 10.4% to Rs 23,844 million during FY23.

The current Price to earnings ratio of Johnson Controls, based on rolling 12 month earnings, stands at -71.3.


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