KIRLOSKAR ELECTRIC share price has zoomed 7% and is presently trading at Rs 187.2.
Meanwhile, the BSE CONSUMER DURABLES index is at 61,316.1 (down 0.1%).
Among the top gainers in the BSE CONSUMER DURABLES index today are DIXON TECHNOLOGIES (up 2.6%) and VAIBHAV GEMS (up 1.2%).
WHIRLPOOL OF INDIA (down 2.1%) and CROMPTON GREAVES CONSUMER ELEC. (down 0.9%) are among the top losers today.
Over the last one year, KIRLOSKAR ELECTRIC has moved up from Rs 112.0 to Rs 187.2, registering a gain of Rs 75.3 (up 67.2%).
On the other hand, the BSE CONSUMER DURABLES index has moved up from 44,503.1 to 61,316.1, registering a gain of 37.8% during the last 12 months.
The top gainers among the BSE CONSUMER DURABLES index stocks during this same period were DIXON TECHNOLOGIES (up 168.3%), Voltas (up 115.1%) and AMBER ENTERPRISES INDIA (up 110.4%).
Must See: These Segments are Witnessing Incredible Growth with Modi's Push
The BSE Sensex is at 79,897.7 (down 0.1%).
The top losers among the BSE Sensex today are Tata Motors (down 3.7%) and Maruti Suzuki (down 2.0%). The most traded stocks in the BSE Sensex are Tata Motors and Tata Steel.
In the meantime, NSE Nifty is at 24,287.7 (down 0.2%). Tata Motors and IOC are among the top losers in NSE NIFTY.
Over the last 12 months, the BSE Sensex has moved up from 64,049.1 to 79,897.7, registering a gain of 15,848.6 points (up 24.7%).
KIRLOSKAR ELECTRIC net profit grew 5.5% YoY to Rs 19 million for the quarter ended June 2024, compared to a profit of Rs 18 million a year ago. Net sales rose 13.5% to Rs 1,335 million during the period as against Rs 1,176 million in April-June 2023.
For the year ended March 2024, KIRLOSKAR ELECTRIC reported 54.7% decrease in net profit to Rs 141 million compared to net profit of Rs 311 million during FY23. Revenue of the company grew 17.7% to Rs 5,574 million during FY24.
The current Price to earnings ratio of KIRLOSKAR ELECTRIC, based on rolling 12 month earnings, stands at 87.7.
Equitymaster requests your view! Post a comment on "KIRLOSKAR ELECTRIC Gains 7%; BSE CONSUMER DURABLES Index Down 0.1%". 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!