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STOVE KRAFT Plunges 6%; BSE CONSUMER DURABLES Index Down 0.8%
Tue, 29 Oct 10:13

STOVE KRAFT Plunges 6%; BSE CONSUMER DURABLES Index Down 0.8%Image source: CreativaImages/www.istockphoto.com

STOVE KRAFT share price has plunged 6% and is presently trading at Rs 768.7.

Meanwhile, the BSE CONSUMER DURABLES index is at 60,911.2 (down 0.8%).

Among the top losers in the BSE CONSUMER DURABLES index today are WHIRLPOOL OF INDIA (down 2.2%) and Voltas (down 2.1%).

DIXON TECHNOLOGIES (up 1.2%) and AMBER ENTERPRISES INDIA (up 0.9%) are among the top gainers today.

Over the last one year, STOVE KRAFT has moved up from Rs 515.4 to Rs 768.7, registering a gain of Rs 253.3 (up 49.1%).

On the other hand, the BSE CONSUMER DURABLES index has moved up from 44,503.1 to 60,911.2, registering a gain of 36.9% during the last 12 months.

The top gainers among the BSE CONSUMER DURABLES index stocks during this same period were DIXON TECHNOLOGIES (up 164.6%), AMBER ENTERPRISES INDIA (up 111.3%) and Voltas (up 111.3%).

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What About the Benchmark Indices?

The BSE Sensex is at 79,534.9 (down 0.6%).

The top losers among the BSE Sensex today are Tata Motors (down 2.8%) and Bharti Airtel (down 2.5%). The most traded stocks in the BSE Sensex are Tata Steel and NTPC.

In the meantime, NSE Nifty is at 24,173.9 (down 0.7%). Bajaj Auto and Cipla are among the top losers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 64,049.1 to 79,534.9, registering a gain of 15,485.8 points (up 24.2%).

STOVE KRAFT Financial Update...

STOVE KRAFT net profit grew 1.2% YoY to Rs 167 million for the quarter ended September 2024, compared to a profit of Rs 165 million a year ago. Net sales rose 10.1% to Rs 4,183 million during the period as against Rs 3,798 million in July-September 2023.

For the year ended March 2024, STOVE KRAFT reported 4.6% decrease in net profit to Rs 341 million compared to net profit of Rs 358 million during FY23. Revenue of the company grew 6.3% to Rs 13,643 million during FY24.

The current Price to earnings ratio of STOVE KRAFT, based on rolling 12 month earnings, stands at 74.0.


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