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STOVE KRAFT Gains 8%; BSE CONSUMER DURABLES Index Up 0.6%
Tue, 13 Aug 9:35

STOVE KRAFT Gains 8%; BSE CONSUMER DURABLES Index Up 0.6%Image source: DNY59/www.istockphoto.com

STOVE KRAFT share price has zoomed 8% and is presently trading at Rs 721.0.

Meanwhile, the BSE CONSUMER DURABLES index is at 59,249.8 (up 0.6%).

Among the top gainers in the BSE CONSUMER DURABLES index today are Blue Star (up 5.0%) and DIXON TECHNOLOGIES (up 2.6%).

ORIENT ELECTRIC (down 0.8%) and WHIRLPOOL OF INDIA (down 0.7%) are among the top losers today.

Over the last one year, STOVE KRAFT has moved up from Rs 515.7 to Rs 721.0, registering a gain of Rs 205.3 (up 39.8%).

On the other hand, the BSE CONSUMER DURABLES index has moved up from 43,122.4 to 59,249.8, registering a gain of 37.4% 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 128.1%) and Voltas (up 86.5%).

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What About the Benchmark Indices?

The BSE Sensex is at 79,565.5 (down 0.1%).

The top losers among the BSE Sensex today are HDFC Bank (down 2.4%) and Tata Motors (down 0.8%). The most traded stocks in the BSE Sensex are Tata Steel and HDFC Bank.

In the meantime, NSE Nifty is at 24,320.4 (down 0.1%). HDFC Bank and BPCL are among the top losers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 65,995.8 to 79,565.5, registering a gain of 13,569.7 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 69.8.


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