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ADANI WILMAR Gains 6%; BSE FMCG Index Up 1.1%
Wed, 7 Aug 11:58

ADANI WILMAR Gains 6%; BSE FMCG Index Up 1.1%Image source: Ivcandy/www.istockphoto.com

ADANI WILMAR share price has zoomed 6% and is presently trading at Rs 384.8.

Meanwhile, the BSE FMCG index is at 22,484.5 (up 1.1%).

Among the top gainers in the BSE FMCG index today are AVANTI FEEDS (up 3.7%) and Tata Coffee (up 3.6%).

Emami (down 0.8%) and UNITED BREWERIES (down 0.4%) are among the top losers today.

Over the last one year, ADANI WILMAR has moved down from Rs 395.2 to Rs 384.8, registering a loss of Rs 10.5 (down 2.6%).

On the other hand, the BSE FMCG index has moved up from 18,781.3 to 22,484.5, registering a gain of 19.7% during the last 12 months.

The top gainers among the BSE FMCG index stocks during this same period were Godfrey Phillips (up 104.1%), BOM.BURMAH (up 102.6%) and Colgate (up 71.8%).

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What About the Benchmark Indices?

The BSE Sensex is at 79,240.3 (up 0.8%).

The top gainers among the BSE Sensex today are MUNDRA PORT & SEZ (up 3.1%) and JSW Steel (up 2.6%). The most traded stocks in the BSE Sensex are Tata Steel and NTPC.

In the meantime, NSE Nifty is at 24,226.2 (up 1.0%). ONGC and Coal India are among the top gainers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 65,953.5 to 79,240.3, registering a gain of 13,286.8 points (up 20.1%).

ADANI WILMAR Financial Update...

ADANI WILMAR net profit grew 621.9% YoY to Rs 3,116 million for the quarter ended June 2024, compared to a loss of Rs 597 million a year ago. Net sales rose 9.6% to Rs 141,686 million during the period as against Rs 129,281 million in April-June 2023.

For the year ended March 2024, ADANI WILMAR reported 69.2% decrease in net profit to Rs 1,707 million compared to net profit of Rs 5,536 million during FY23. Revenue of the company fell 11.9% to Rs 512,616 million during FY24.

The current Price to earnings ratio of ADANI WILMAR, based on rolling 12 month earnings, stands at 92.3.


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