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KHAITAN IND. Plunges 5%; BSE CONSUMER DURABLES Index Down 0.4%
Thu, 29 Aug 10:52

KHAITAN IND. Plunges 5%; BSE CONSUMER DURABLES Index Down 0.4%Image source: DNY59/www.istockphoto.com

KHAITAN IND. share price has plunged 5% and is presently trading at Rs 102.0.

Meanwhile, the BSE CONSUMER DURABLES index is at 63,062.4 (down 0.4%).

Among the top losers in the BSE CONSUMER DURABLES index today are VAIBHAV GEMS (down 1.7%) and Blue Star (down 1.7%).

WHIRLPOOL OF INDIA (up 3.4%) and AMBER ENTERPRISES INDIA (up 3.4%) are among the top gainers today.

Over the last one year, KHAITAN IND. has moved up from Rs 54.4 to Rs 102.0, registering a gain of Rs 47.6 (up 87.5%).

On the other hand, the BSE CONSUMER DURABLES index has moved up from 43,637.4 to 63,062.4, registering a gain of 44.5% during the last 12 months.

The top gainers among the BSE CONSUMER DURABLES index stocks during this same period were DIXON TECHNOLOGIES (up 166.1%), Blue Star (up 135.7%) and Voltas (up 113.1%).

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What About the Benchmark Indices?

The BSE Sensex is at 82,007.9 (up 0.3%).

The top gainers among the BSE Sensex today are Bajaj Finance (up 2.6%) and Bajaj Finserv (up 2.3%). The most traded stocks in the BSE Sensex are Tata Steel and HDFC Bank.

In the meantime, NSE Nifty is at 25,098.7 (up 0.2%). Bajaj Finance and Bajaj Finserv are among the top gainers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 64,996.6 to 82,007.9, registering a gain of 17,011.3 points (up 26.2%).

KHAITAN IND. Financial Update...

KHAITAN IND. net profit grew 438.5% YoY to Rs 21 million for the quarter ended June 2024, compared to a profit of Rs 4 million a year ago. Net sales rose 41.3% to Rs 194 million during the period as against Rs 137 million in April-June 2023.

For the year ended March 2023, KHAITAN IND. reported 120.7% increase in net profit to Rs 7 million compared to net loss of Rs 33 million during FY22. Revenue of the company grew 13.8% to Rs 595 million during FY23.

The current Price to earnings ratio of KHAITAN IND., based on rolling 12 month earnings, stands at 16.0.


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