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ICE MAKE REFRIGERATION Gains 12%; BSE CAPITAL GOODS Index Up 0.5%
Mon, 23 Sep 10:34

ICE MAKE REFRIGERATION  Gains 12%; BSE CAPITAL GOODS Index Up 0.5%Image source: Chunumunu/www.istockphoto.com

ICE MAKE REFRIGERATION share price has zoomed 12% and is presently trading at Rs 730.0.

Meanwhile, the BSE CAPITAL GOODS index is at 73,729.7 (up 0.5%).

Among the top gainers in the BSE CAPITAL GOODS index today are Finolex Cables (up 3.5%) and ABB (up 2.5%).

GRINDWELL NORTON (down 1.0%) and TIMKEN INDIA (down 0.8%) are among the top losers today.

Over the last one year, ICE MAKE REFRIGERATION has moved up from Rs 506.7 to Rs 730.0, registering a gain of Rs 223.3 (up 44.1%).

On the other hand, the BSE CAPITAL GOODS index has moved up from 46,903.1 to 73,729.7, registering a gain of 57.2% during the last 12 months.

The top gainers among the BSE CAPITAL GOODS index stocks during this same period were HINDUSTAN AERO. (up 122.0%), BHEL (up 119.7%) and Bharat Electronics (up 107.2%).

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What About the Benchmark Indices?

The BSE Sensex is at 84,754.9 (up 0.2%).

The top gainers among the BSE Sensex today are M&M (up 1.7%) and SBI (up 1.6%). The most traded stocks in the BSE Sensex are Tata Steel and NTPC.

In the meantime, NSE Nifty is at 25,891.9 (up 0.4%). ONGC and BPCL are among the top gainers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 66,800.8 to 84,754.9, registering a gain of 17,954.1 points (up 26.9%).

ICE MAKE REFRIGERATION Financial Update...

ICE MAKE REFRIGERATION net profit fell 32.0% YoY to Rs 36 million for the quarter ended June 2024, compared to a profit of Rs 54 million a year ago. Net sales rose 7.7% to Rs 852 million during the period as against Rs 791 million in April-June 2023.

For the year ended March 2023, ICE MAKE REFRIGERATION reported 184.2% increase in net profit to Rs 208 million compared to net profit of Rs 73 million during FY22. Revenue of the company grew 51.5% to Rs 3,122 million during FY23.

The current Price to earnings ratio of ICE MAKE REFRIGERATION , based on rolling 12 month earnings, stands at 47.2.


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