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STOVE KRAFT Gains 5%; BSE CONSUMER DURABLES Index Up 1.0%
Wed, 24 Jul 11:20

STOVE KRAFT Gains 5%; BSE CONSUMER DURABLES Index Up 1.0%Image source: phive2015/www.istockphoto.com

STOVE KRAFT share price has zoomed 5% and is presently trading at Rs 615.6.

Meanwhile, the BSE CONSUMER DURABLES index is at 59,605.1 (up 1.0%).

Among the top gainers in the BSE CONSUMER DURABLES index today are AMBER ENTERPRISES INDIA (up 2.5%) and Bajaj Electricals (up 2.5%).

WHIRLPOOL OF INDIA (down 2.7%) and Blue Star (down 1.4%) are among the top losers today.

Over the last one year, STOVE KRAFT has moved up from Rs 458.8 to Rs 615.6, registering a gain of Rs 156.8 (up 34.2%).

On the other hand, the BSE CONSUMER DURABLES index has moved up from 42,128.0 to 59,605.1, registering a gain of 41.5% during the last 12 months.

The top gainers among the BSE CONSUMER DURABLES index stocks during this same period were DIXON TECHNOLOGIES (up 170.4%), Blue Star (up 111.2%) and Voltas (up 97.4%).

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What About the Benchmark Indices?

The BSE Sensex is at 80,207.9 (down 0.3%).

The top losers among the BSE Sensex today are Bajaj Finance (down 2.6%) and Bajaj Finserv (down 1.9%). The most traded stocks in the BSE Sensex are Tata Steel and ITC.

In the meantime, NSE Nifty is at 24,441.4 (down 0.2%). Tata Consumer Products and Bajaj Finance are among the top losers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 66,384.8 to 80,207.9, registering a gain of 13,823.1 points (up 20.8%).

STOVE KRAFT Financial Update...

STOVE KRAFT net profit grew 144.3% YoY to Rs 27 million for the quarter ended March 2024, compared to a loss of Rs 60 million a year ago. Net sales rose 17.0% to Rs 3,252 million during the period as against Rs 2,781 million in January-March 2023.

For the year ended March 2023, STOVE KRAFT reported 36.4% decrease in net profit to Rs 358 million compared to net profit of Rs 562 million during FY22. Revenue of the company grew 13.0% to Rs 12,838 million during FY23.

The current Price to earnings ratio of STOVE KRAFT, based on rolling 12 month earnings, stands at 59.6.


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