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JAIPAN INDUSTRIES Gains 6%; BSE CONSUMER DURABLES Index Down 1.2%
Thu, 8 Aug 16:23

JAIPAN INDUSTRIES Gains 6%; BSE CONSUMER DURABLES Index Down 1.2%Image source: Ivcandy/www.istockphoto.com

JAIPAN INDUSTRIES share price has zoomed 6% and is presently trading at Rs 37.6.

Meanwhile, the BSE CONSUMER DURABLES index is at 57,879.4 (down 1.2%).

Among the top gainers in the BSE CONSUMER DURABLES index today are ORIENT ELECTRIC (up 4.0%) and AMBER ENTERPRISES INDIA (up 2.8%).

VAIBHAV GEMS (down 3.2%) and Voltas (down 3.0%) are among the top losers today.

Over the last one year, JAIPAN INDUSTRIES has moved down from Rs 42.3 to Rs 37.6, registering a loss of Rs 4.7 (down 11.1%).

On the other hand, the BSE CONSUMER DURABLES index has moved up from 42,308.7 to 57,879.4, registering a gain of 36.8% during the last 12 months.

The top gainers among the BSE CONSUMER DURABLES index stocks during this same period were DIXON TECHNOLOGIES (up 144.1%), Blue Star (up 119.3%) and AMBER ENTERPRISES INDIA (up 73.4%).

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What About the Benchmark Indices?

The BSE Sensex is at 78,886.2 (down 0.7%).

The top losers among the BSE Sensex today are Asian Paints (down 3.6%) and Infosys (down 2.9%). The most traded stocks in the BSE Sensex are Tata Steel and Tata Motors.

In the meantime, NSE Nifty is at 24,098.7 (down 0.8%). LTIMINDTREE and Grasim Industries are among the top losers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 65,953.5 to 78,886.2, registering a gain of 12,932.7 points (up 19.6%).

JAIPAN INDUSTRIES Financial Update...

JAIPAN INDUSTRIES net profit fell 864.7% YoY to Rs -104 million for the quarter ended March 2024, compared to a profit of Rs 14 million a year ago. Net sales declined 12.7% to Rs 73 million during the period as against Rs 84 million in January-March 2023.

For the year ended March 2023, JAIPAN INDUSTRIES reported 592.6% increase in net profit to Rs 14 million compared to net profit of Rs 2 million during FY22. Revenue of the company grew 67.7% to Rs 391 million during FY23.

The current Price to earnings ratio of JAIPAN INDUSTRIES, based on rolling 12 month earnings, stands at -2.0.


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