Symphony share price has zoomed 5% and is presently trading at Rs 1,684.7.
Meanwhile, the BSE CONSUMER DURABLES index is at 64,985.9 (up 0.6%).
Among the top gainers in the BSE CONSUMER DURABLES index today are DIXON TECHNOLOGIES (up 4.2%) and AMBER ENTERPRISES INDIA (up 3.7%).
Titan (down 1.6%) and Blue Star (down 1.3%) are among the top losers today.
Over the last one year, Symphony has moved up from Rs 872.7 to Rs 1,684.7, registering a gain of Rs 812.0 (up 93.0%).
On the other hand, the BSE CONSUMER DURABLES index has moved up from 45,437.7 to 64,985.9, 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 169.7%), Blue Star (up 116.8%) and Voltas (up 105.0%).
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The BSE Sensex is at 81,472.3 (up 0.5%).
The top gainers among the BSE Sensex today are MUNDRA PORT & SEZ (up 2.6%) and M&M (up 2.4%). The most traded stocks in the BSE Sensex are Tata Steel and Tata Motors.
In the meantime, NSE Nifty is at 24,964.2 (up 0.7%). Trent and Bharat Electronics are among the top gainers in NSE NIFTY.
Over the last 12 months, the BSE Sensex has moved up from 65,226.0 to 81,472.3, registering a gain of 16,246.2 points (up 24.9%).
Symphony net profit grew 266.7% YoY to Rs 880 million for the quarter ended June 2024, compared to a profit of Rs 240 million a year ago. Net sales rose 75.8% to Rs 5,310 million during the period as against Rs 3,020 million in April-June 2023.
For the year ended March 2024, Symphony reported 27.8% increase in net profit to Rs 1,481 million compared to net profit of Rs 1,159 million during FY23. Revenue of the company fell 2.7% to Rs 11,561 million during FY24.
The current Price to earnings ratio of Symphony, based on rolling 12 month earnings, stands at 54.6.
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