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KDDL. Plunges 7%; BSE CONSUMER DURABLES Index Up 0.5%
Mon, 16 Sep 13:40

KDDL. Plunges 7%; BSE CONSUMER DURABLES Index Up 0.5%Image source: bluebay2014/www.istockphoto.com

KDDL. share price has plunged 7% and is presently trading at Rs 3,247.2.

Meanwhile, the BSE CONSUMER DURABLES index is at 67,079.5 (up 0.5%).

Among the top losers in the BSE CONSUMER DURABLES index today are AMBER ENTERPRISES INDIA (down 2.8%) and WHIRLPOOL OF INDIA (down 1.2%).

DIXON TECHNOLOGIES (up 5.7%) and Blue Star (up 2.2%) are among the top gainers today.

Over the last one year, KDDL. has moved up from Rs 1,808.0 to Rs 3,247.2, registering a gain of Rs 1,439.2 (up 79.6%).

On the other hand, the BSE CONSUMER DURABLES index has moved up from 45,510.1 to 67,079.5, registering a gain of 47.4% during the last 12 months.

The top gainers among the BSE CONSUMER DURABLES index stocks during this same period were DIXON TECHNOLOGIES (up 172.8%), Blue Star (up 147.4%) and Voltas (up 118.3%).

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What About the Benchmark Indices?

The BSE Sensex is at 83,042.9 (up 0.2%).

The top gainers among the BSE Sensex today are JSW Steel (up 2.1%) and NTPC (up 1.9%). The most traded stocks in the BSE Sensex are Tata Steel and Tata Motors.

In the meantime, NSE Nifty is at 25,401.0 (up 0.2%). JSW Steel and NTPC are among the top gainers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 67,221.1 to 83,042.9, registering a gain of 15,821.8 points (up 23.5%).

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 30.9.


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