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KIRLOSKAR ELECTRIC Gains 6%; BSE CONSUMER DURABLES Index Up 0.8%
Tue, 10 Sep 12:2

KIRLOSKAR ELECTRIC Gains 6%; BSE CONSUMER DURABLES Index Up 0.8%Image source: Eoneren/www.istockphoto.com

KIRLOSKAR ELECTRIC share price has zoomed 6% and is presently trading at Rs 204.2.

Meanwhile, the BSE CONSUMER DURABLES index is at 64,851.5 (up 0.8%).

Among the top gainers in the BSE CONSUMER DURABLES index today are CROMPTON GREAVES CONSUMER ELEC. (up 1.7%) and VAIBHAV GEMS (up 1.6%).

AMBER ENTERPRISES INDIA (down 1.5%) and Voltas (down 0.5%) are among the top losers today.

Over the last one year, KIRLOSKAR ELECTRIC has moved up from Rs 112.9 to Rs 204.2, registering a gain of Rs 91.3 (up 80.9%).

On the other hand, the BSE CONSUMER DURABLES index has moved up from 45,340.3 to 64,851.5, registering a gain of 43.0% during the last 12 months.

The top gainers among the BSE CONSUMER DURABLES index stocks during this same period were DIXON TECHNOLOGIES (up 149.7%), Blue Star (up 138.5%) and Voltas (up 101.8%).

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What About the Benchmark Indices?

The BSE Sensex is at 81,830.4 (up 0.3%).

The top gainers among the BSE Sensex today are Infosys (up 1.5%) and Bharti Airtel (up 1.5%). The most traded stocks in the BSE Sensex are Tata Steel and NTPC.

In the meantime, NSE Nifty is at 25,024.6 (up 0.4%). Divis Laboratories and LTIMINDTREE are among the top gainers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 65,880.5 to 81,830.4, registering a gain of 15,949.9 points (up 24.2%).

KIRLOSKAR ELECTRIC Financial Update...

KIRLOSKAR ELECTRIC net profit grew 5.5% YoY to Rs 19 million for the quarter ended June 2024, compared to a profit of Rs 18 million a year ago. Net sales rose 13.5% to Rs 1,335 million during the period as against Rs 1,176 million in April-June 2023.

For the year ended March 2024, KIRLOSKAR ELECTRIC reported 54.7% decrease in net profit to Rs 141 million compared to net profit of Rs 311 million during FY23. Revenue of the company grew 17.7% to Rs 5,574 million during FY24.

The current Price to earnings ratio of KIRLOSKAR ELECTRIC, based on rolling 12 month earnings, stands at 95.6.


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