ORIENT BEVER share price has zoomed 10% and is presently trading at Rs 370.2.
Meanwhile, the BSE FMCG index is at 23,048.2 (down 0.2%).
Among the top gainers in the BSE FMCG index today are Tata Coffee (up 3.6%) and Gillette India (up 2.2%).
Godfrey Phillips (down 3.7%) and Balrampur Chini (down 2.8%) are among the top losers today.
Over the last one year, ORIENT BEVER has moved up from Rs 161.2 to Rs 370.2, registering a gain of Rs 209.0 (up 129.6%).
On the other hand, the BSE FMCG index has moved up from 18,678.9 to 23,048.2, registering a gain of 23.4% during the last 12 months.
The top gainers among the BSE FMCG index stocks during this same period were BOM.BURMAH (up 155.7%), Godfrey Phillips (up 147.3%) and Colgate (up 79.5%).
Must See: These Segments are Witnessing Incredible Growth with Modi's Push
The BSE Sensex is at 81,123.0 (up 0.1%).
The top gainers among the BSE Sensex today are Tata Motors (up 1.7%) and M&M (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 81,123.0, registering a gain of 15,906.9 points (up 24.4%).
ORIENT BEVER net profit grew 22.8% YoY to Rs 24 million for the quarter ended June 2024, compared to a profit of Rs 19 million a year ago. Net sales rose 16.0% to Rs 443 million during the period as against Rs 382 million in April-June 2023.
For the year ended March 2023, ORIENT BEVER reported 248.6% increase in net profit to Rs 28 million compared to net profit of Rs 8 million during FY22. Revenue of the company grew 54.7% to Rs 1,142 million during FY23.
The current Price to earnings ratio of ORIENT BEVER, based on rolling 12 month earnings, stands at 151.0.
Equitymaster requests your view! Post a comment on "ORIENT BEVER Gains 10%; BSE FMCG Index Down 0.2%". Click here!
Comments are moderated by Equitymaster, in accordance with the Terms of Use, and may not appear
on this article until they have been reviewed and deemed appropriate for posting.
In the meantime, you may want to share this article with your friends!