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KDDL. Gains 4%; BSE CONSUMER DURABLES Index Up 0.6%
Thu, 22 Aug 10:19

KDDL. Gains 4%; BSE CONSUMER DURABLES Index Up 0.6%Image source: DNY59/www.istockphoto.com

KDDL. share price has zoomed 4% and is presently trading at Rs 3,203.5.

Meanwhile, the BSE CONSUMER DURABLES index is at 62,954.8 (up 0.6%).

Among the top gainers in the BSE CONSUMER DURABLES index today are RAJESH EXPORTS (up 3.1%) and Blue Star (up 2.1%).

Bajaj Electricals (down 0.3%) and ORIENT ELECTRIC (down 0.2%) are among the top losers today.

Over the last one year, KDDL. has moved up from Rs 1,917.3 to Rs 3,203.5, registering a gain of Rs 1,286.2 (up 67.1%).

On the other hand, the BSE CONSUMER DURABLES index has moved up from 43,590.0 to 62,954.8, registering a gain of 44.4% during the last 12 months.

The top gainers among the BSE CONSUMER DURABLES index stocks during this same period were DIXON TECHNOLOGIES (up 160.5%), Blue Star (up 133.6%) and Voltas (up 107.4%).

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What About the Benchmark Indices?

The BSE Sensex is at 81,033.2 (up 0.2%).

The top gainers among the BSE Sensex today are Bharti Airtel (up 1.0%) and Asian Paints (up 0.9%). The most traded stocks in the BSE Sensex are Bharti Airtel and Tata Steel.

In the meantime, NSE Nifty is at 24,813.8 (up 0.2%). Grasim Industries and Tata Consumer Products are among the top gainers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 65,216.1 to 81,033.2, registering a gain of 15,817.1 points (up 24.3%).

KDDL. Financial Update...

KDDL. net profit fell 14.7% YoY to Rs 279 million for the quarter ended June 2024, compared to a profit of Rs 327 million a year ago. Net sales rose 8.6% to Rs 3,599 million during the period as against Rs 3,315 million in April-June 2023.

For the year ended March 2023, KDDL. reported 106.9% increase in net profit to Rs 770 million compared to net profit of Rs 372 million during FY22. Revenue of the company grew 37.1% to Rs 11,194 million during FY23.

The current Price to earnings ratio of KDDL., based on rolling 12 month earnings, stands at 30.4.


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