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STOVE KRAFT Gains 7%; BSE CONSUMER DURABLES Index Up 0.4%
Mon, 12 Aug 9:34

STOVE KRAFT Gains 7%; BSE CONSUMER DURABLES Index Up 0.4%Image source: DNY59/www.istockphoto.com

STOVE KRAFT share price has zoomed 7% and is presently trading at Rs 653.0.

Meanwhile, the BSE CONSUMER DURABLES index is at 58,602.2 (up 0.4%).

Among the top gainers in the BSE CONSUMER DURABLES index today are Voltas (up 6.4%) and Bajaj Electricals (up 2.7%).

AMBER ENTERPRISES INDIA (down 2.7%) and VAIBHAV GEMS (down 1.3%) are among the top losers today.

Over the last one year, STOVE KRAFT has moved up from Rs 493.2 to Rs 653.0, registering a gain of Rs 159.8 (up 32.4%).

On the other hand, the BSE CONSUMER DURABLES index has moved up from 42,607.3 to 58,602.2, registering a gain of 37.5% during the last 12 months.

The top gainers among the BSE CONSUMER DURABLES index stocks during this same period were DIXON TECHNOLOGIES (up 144.2%), Blue Star (up 115.7%) and Voltas (up 86.0%).

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What About the Benchmark Indices?

The BSE Sensex is at 79,419.5 (down 0.4%).

The top losers among the BSE Sensex today are NTPC (down 1.8%) and MUNDRA PORT & SEZ (down 1.8%). The most traded stocks in the BSE Sensex are Tata Steel and MUNDRA PORT & SEZ.

In the meantime, NSE Nifty is at 24,274.7 (down 0.4%). Adani Enterprises and NTPC are among the top losers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 65,846.5 to 79,419.5, registering a gain of 13,573.0 points (up 20.6%).

STOVE KRAFT Financial Update...

STOVE KRAFT net profit grew 0.0% YoY to Rs 82 million for the quarter ended June 2024, compared to a profit of Rs 82 million a year ago. Net sales rose 5.6% to Rs 3,145 million during the period as against Rs 2,977 million in April-June 2023.

For the year ended March 2023, STOVE KRAFT reported 36.4% decrease in net profit to Rs 358 million compared to net profit of Rs 562 million during FY22. Revenue of the company grew 13.0% to Rs 12,838 million during FY23.

The current Price to earnings ratio of STOVE KRAFT, based on rolling 12 month earnings, stands at 63.2.


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