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VIP INDUSTRIES Gains 5%; BSE CONSUMER DURABLES Index Down 0.0%
Thu, 29 Aug 9:33

VIP INDUSTRIES Gains 5%; BSE CONSUMER DURABLES Index Down 0.0%Image source: Sakorn BernardaSv/www.istockphoto.com

VIP INDUSTRIES share price has zoomed 5% and is presently trading at Rs 479.4.

Meanwhile, the BSE CONSUMER DURABLES index is at 63,332.0 .

Among the top gainers in the BSE CONSUMER DURABLES index today are AMBER ENTERPRISES INDIA (up 1.7%) and WHIRLPOOL OF INDIA (up 1.2%).

VAIBHAV GEMS (down 0.2%) and CROMPTON GREAVES CONSUMER ELEC. (down 0.2%) are among the top losers today.

Over the last one year, VIP INDUSTRIES has moved down from Rs 679.2 to Rs 479.4, registering a loss of Rs 199.8 (down 29.4%).

On the other hand, the BSE CONSUMER DURABLES index has moved up from 43,637.4 to 63,332.0, registering a gain of 45.1% during the last 12 months.

The top gainers among the BSE CONSUMER DURABLES index stocks during this same period were DIXON TECHNOLOGIES (up 168.4%), Blue Star (up 140.3%) and Voltas (up 114.2%).

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What About the Benchmark Indices?

The BSE Sensex is at 81,826.9 (up 0.1%).

The top gainers among the BSE Sensex today are Sun Pharma (up 0.6%) and Hindustan Unilever (up 0.5%). The most traded stocks in the BSE Sensex are Tata Steel and Tata Motors.

In the meantime, NSE Nifty is at 25,054.3 . Cipla and Bajaj Auto are among the top gainers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 64,996.6 to 81,826.9, registering a gain of 16,830.3 points (up 25.9%).

VIP INDUSTRIES Financial Update...

VIP INDUSTRIES net profit fell 93.0% YoY to Rs 40 million for the quarter ended June 2024, compared to a profit of Rs 578 million a year ago. Net sales rose 0.4% to Rs 6,389 million during the period as against Rs 6,361 million in April-June 2023.

For the year ended March 2024, VIP INDUSTRIES reported 64.4% decrease in net profit to Rs 543 million compared to net profit of Rs 1,523 million during FY23. Revenue of the company grew 7.8% to Rs 22,450 million during FY24.

The current Price to earnings ratio of VIP INDUSTRIES, based on rolling 12 month earnings, stands at 11550.6.


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