Helping You Build Wealth With Honest Research
Since 1996. Read On...

MEMBER'S LOGINX

     
Invalid Username / Password
   
     
   
     
 
Invalid Captcha
   
 
 
 
(Please do not use this option on a public machine)
 
     
 
 
 
  Sign Up | Forgot Password?  

KHAITAN IND. Plunges 5%; BSE CONSUMER DURABLES Index Up 0.3%
Fri, 23 Aug 11:11

KHAITAN IND. Plunges 5%; BSE CONSUMER DURABLES Index Up 0.3%Image source: phive2015/www.istockphoto.com

KHAITAN IND. share price has plunged 5% and is presently trading at Rs 121.3.

Meanwhile, the BSE CONSUMER DURABLES index is at 63,338.5 (up 0.3%).

Among the top losers in the BSE CONSUMER DURABLES index today are ORIENT ELECTRIC (down 1.0%) and Blue Star (down 0.7%).

DIXON TECHNOLOGIES (up 3.5%) and RAJESH EXPORTS (up 1.0%) are among the top gainers today.

Over the last one year, KHAITAN IND. has moved up from Rs 55.0 to Rs 121.3, registering a gain of Rs 66.3 (up 120.5%).

On the other hand, the BSE CONSUMER DURABLES index has moved up from 43,590.0 to 63,338.5, registering a gain of 45.3% during the last 12 months.

The top gainers among the BSE CONSUMER DURABLES index stocks during this same period were DIXON TECHNOLOGIES (up 171.9%), Blue Star (up 131.5%) and Voltas (up 107.7%).

Must See: These Segments are Witnessing Incredible Growth with Modi's Push

What About the Benchmark Indices?

The BSE Sensex is at 81,120.0 (up 0.1%).

The top gainers among the BSE Sensex today are Tata Motors (up 1.7%) and Sun Pharma (up 0.9%). The most traded stocks in the BSE Sensex are Tata Steel and Tata Motors.

In the meantime, NSE Nifty is at 24,847.2 (up 0.1%). Bajaj Auto and Tata Motors are among the top gainers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 65,216.1 to 81,120.0, registering a gain of 15,903.9 points (up 24.4%).

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 19.0.


Equitymaster requests your view! Post a comment on "KHAITAN IND. Plunges 5%; BSE CONSUMER DURABLES Index Up 0.3%". Click here!