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ELIN ELECTRONICS Gains 4%; BSE CONSUMER DURABLES Index Up 0.3%
Tue, 3 Sep 9:32

ELIN ELECTRONICS Gains 4%; BSE CONSUMER DURABLES Index Up 0.3%Image source: peterschreiber.media/www.istockphoto.com

ELIN ELECTRONICS share price has zoomed 4% and is presently trading at Rs 242.5.

Meanwhile, the BSE CONSUMER DURABLES index is at 63,560.2 (up 0.3%).

Among the top gainers in the BSE CONSUMER DURABLES index today are Bajaj Electricals (up 2.0%) and DIXON TECHNOLOGIES (up 1.7%).

Titan (down 0.5%) is among the top losers today.

Over the last one year, ELIN ELECTRONICS has moved up from Rs 163.9 to Rs 242.5, registering a gain of Rs 78.6 (up 47.9%).

On the other hand, the BSE CONSUMER DURABLES index has moved up from 44,173.0 to 63,560.2, registering a gain of 43.9% during the last 12 months.

The top gainers among the BSE CONSUMER DURABLES index stocks during this same period were DIXON TECHNOLOGIES (up 158.8%), Blue Star (up 126.6%) and Voltas (up 109.6%).

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What About the Benchmark Indices?

The BSE Sensex is at 82,529.4 .

The top losers among the BSE Sensex today are Bajaj Finance (down 1.2%) and Bajaj Finserv (down 0.9%). The most traded stocks in the BSE Sensex are Tata Steel and ITC.

In the meantime, NSE Nifty is at 25,267.2 (down 0.1%). Bajaj Finance and Bajaj Finserv are among the top losers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 65,087.3 to 82,529.4, registering a gain of 17,442.1 points (up 26.8%).

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 75.2.


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