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KHAITAN IND. Gains 5%; BSE CONSUMER DURABLES Index Up 0.2%
Thu, 24 Oct 13:59

KHAITAN IND. Gains 5%; BSE CONSUMER DURABLES Index Up 0.2%Image source: alexsl/www.istockphoto.com

KHAITAN IND. share price has zoomed 5% and is presently trading at Rs 95.8.

Meanwhile, the BSE CONSUMER DURABLES index is at 63,094.7 (up 0.2%).

Among the top gainers in the BSE CONSUMER DURABLES index today are RAJESH EXPORTS (up 3.1%) and AMBER ENTERPRISES INDIA (up 1.4%).

WHIRLPOOL OF INDIA (down 1.9%) and Blue Star (down 0.9%) are among the top losers today.

Over the last one year, KHAITAN IND. has moved up from Rs 52.5 to Rs 95.8, registering a gain of Rs 43.3 (up 82.4%).

On the other hand, the BSE CONSUMER DURABLES index has moved up from 44,784.7 to 63,094.7, registering a gain of 40.9% during the last 12 months.

The top gainers among the BSE CONSUMER DURABLES index stocks during this same period were DIXON TECHNOLOGIES (up 184.5%), AMBER ENTERPRISES INDIA (up 132.9%) and Voltas (up 117.4%).

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What About the Benchmark Indices?

The BSE Sensex is at 80,074.9 .

The top losers among the BSE Sensex today are Hindustan Unilever (down 6.0%) and Nestle (down 4.0%). The most traded stocks in the BSE Sensex are Tata Steel and ITC.

In the meantime, NSE Nifty is at 24,401.2 (down 0.1%). Hindustan Unilever and SBI LIFE INSURANCE are among the top losers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 64,571.9 to 80,074.9, registering a gain of 15,503.0 points (up 24.0%).

KHAITAN IND. Financial Update...

KHAITAN IND. net profit grew 438.5% YoY to Rs 21 million for the quarter ended June 2024, compared to a profit of Rs 4 million a year ago. Net sales rose 41.3% to Rs 194 million during the period as against Rs 137 million in April-June 2023.

For the year ended March 2023, KHAITAN IND. reported 120.7% increase in net profit to Rs 7 million compared to net loss of Rs 33 million during FY22. Revenue of the company grew 13.8% to Rs 595 million during FY23.

The current Price to earnings ratio of KHAITAN IND., based on rolling 12 month earnings, stands at 15.0.


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