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%).
Must See: These Segments are Witnessing Incredible Growth with Modi's Push
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 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.
Equitymaster requests your view! Post a comment on "STOVE KRAFT Plunges 6%; BSE CONSUMER DURABLES Index Down 0.8%". Click here!
Comments are moderated by Equitymaster, in accordance with the Terms of Use, and may not appear
on this article until they have been reviewed and deemed appropriate for posting.
In the meantime, you may want to share this article with your friends!