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ORIENT BEVER Gains 10%; BSE FMCG Index Down 0.2%
Fri, 23 Aug 11:10

ORIENT BEVER Gains 10%; BSE FMCG Index Down 0.2%Image source: peterschreiber.media/www.istockphoto.com

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%).

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What About the Benchmark Indices?

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 Financial Update...

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.


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