Helping You Build Wealth With Honest Research
Since 1996. Read On...

MEMBER'S LOGINX

     
Invalid Username / Password
   
     
   
     
 
Invalid Captcha
   
 
 
 
(Please do not use this option on a public machine)
 
     
 
 
 
  Sign Up | Forgot Password?  

ELIN ELECTRONICS Gains 6%; BSE CONSUMER DURABLES Index Up 0.5%
Mon, 12 Aug 10:57

ELIN ELECTRONICS Gains 6%; BSE CONSUMER DURABLES Index Up 0.5%Image source: Nikada/www.istockphoto.com

ELIN ELECTRONICS share price has zoomed 6% and is presently trading at Rs 228.9.

Meanwhile, the BSE CONSUMER DURABLES index is at 58,666.4 (up 0.5%).

Among the top gainers in the BSE CONSUMER DURABLES index today are Voltas (up 8.3%) and Bajaj Electricals (up 3.2%).

AMBER ENTERPRISES INDIA (down 3.0%) and Blue Star (down 0.6%) are among the top losers today.

Over the last one year, ELIN ELECTRONICS has moved up from Rs 149.1 to Rs 228.9, registering a gain of Rs 79.9 (up 53.6%).

On the other hand, the BSE CONSUMER DURABLES index has moved up from 42,607.3 to 58,666.4, registering a gain of 37.7% during the last 12 months.

The top gainers among the BSE CONSUMER DURABLES index stocks during this same period were DIXON TECHNOLOGIES (up 141.5%), Blue Star (up 116.2%) and Voltas (up 89.5%).

Must See: These Segments are Witnessing Incredible Growth with Modi's Push

What About the Benchmark Indices?

The BSE Sensex is at 79,677.7 .

The top losers among the BSE Sensex today are NTPC (down 1.4%) and MUNDRA PORT & SEZ (down 1.3%). The most traded stocks in the BSE Sensex are Tata Steel and SBI.

In the meantime, NSE Nifty is at 24,362.4 . APOLLO HOSPITALS and Adani Enterprises are among the top losers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 65,846.5 to 79,677.7, registering a gain of 13,831.2 points (up 21.0%).

ELIN ELECTRONICS Financial Update...

ELIN ELECTRONICS net profit grew 56.9% YoY to Rs 59 million for the quarter ended June 2024, compared to a profit of Rs 38 million a year ago. Net sales rose 15.7% to Rs 2,936 million during the period as against Rs 2,538 million in April-June 2023.

For the year ended March 2023, ELIN ELECTRONICS reported 31.6% decrease in net profit to Rs 268 million compared to net profit of Rs 392 million during FY22. Revenue of the company fell 1.7% to Rs 10,754 million during FY23.

The current Price to earnings ratio of ELIN ELECTRONICS, based on rolling 12 month earnings, stands at 71.0.


Equitymaster requests your view! Post a comment on "ELIN ELECTRONICS Gains 6%; BSE CONSUMER DURABLES Index Up 0.5%". Click here!