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TTK PRESTIGE Plunges 3%; BSE CONSUMER DURABLES Index Up 0.4%
Wed, 14 Aug 9:20

TTK PRESTIGE Plunges 3%; BSE CONSUMER DURABLES Index Up 0.4%Image source: ThinkNeo/www.istockphoto.com

TTK PRESTIGE share price has plunged 3% and is presently trading at Rs 989.0.

Meanwhile, the BSE CONSUMER DURABLES index is at 59,990.1 (up 0.4%).

Among the top losers in the BSE CONSUMER DURABLES index today is WHIRLPOOL OF INDIA (down 2.7%).

DIXON TECHNOLOGIES (up 1.0%) and AMBER ENTERPRISES INDIA (up 0.9%) are among the top gainers today.

Over the last one year, TTK PRESTIGE has moved up from Rs 776.6 to Rs 989.0, registering a gain of Rs 212.4 (up 27.4%).

On the other hand, the BSE CONSUMER DURABLES index has moved up from 42,980.5 to 59,990.1, registering a gain of 39.6% during the last 12 months.

The top gainers among the BSE CONSUMER DURABLES index stocks during this same period were DIXON TECHNOLOGIES (up 160.2%), Blue Star (up 132.2%) and Voltas (up 90.9%).

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What About the Benchmark Indices?

The BSE Sensex is at 79,065.2 (up 0.1%).

The top gainers among the BSE Sensex today are Maruti Suzuki (up 1.1%) and NTPC (up 1.0%). The most traded stocks in the BSE Sensex are Tata Steel and SBI.

In the meantime, NSE Nifty is at 24,184.4 (up 0.2%). Hindalco and Cipla are among the top gainers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 65,401.9 to 79,065.2, registering a gain of 13,663.3 points (up 20.9%).

TTK PRESTIGE Financial Update...

TTK PRESTIGE net profit fell 13.8% YoY to Rs 408 million for the quarter ended June 2024, compared to a profit of Rs 473 million a year ago. Net sales rose 0.1% to Rs 5,879 million during the period as against Rs 5,876 million in April-June 2023.

For the year ended March 2024, TTK PRESTIGE reported 11.6% decrease in net profit to Rs 2,253 million compared to net profit of Rs 2,550 million during FY23. Revenue of the company fell 3.6% to Rs 26,781 million during FY24.

The current Price to earnings ratio of TTK PRESTIGE, based on rolling 12 month earnings, stands at 62.6.


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