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KDDL. Gains 7%; BSE CONSUMER DURABLES Index Down 1.3%
Wed, 30 Oct 9:56

KDDL. Gains 7%; BSE CONSUMER DURABLES Index Down 1.3%Image source: hudiemm/www.istockphoto.com

KDDL. share price has zoomed 7% and is presently trading at Rs 2,572.0.

Meanwhile, the BSE CONSUMER DURABLES index is at 61,201.6 (down 1.3%).

Among the top gainers in the BSE CONSUMER DURABLES index today are RAJESH EXPORTS (up 1.2%) and WHIRLPOOL OF INDIA (up 0.2%).

Voltas (down 6.3%) and AMBER ENTERPRISES INDIA (down 2.3%) are among the top losers today.

Over the last one year, KDDL. has moved up from Rs 2,147.5 to Rs 2,572.0, registering a gain of Rs 424.6 (up 19.8%).

On the other hand, the BSE CONSUMER DURABLES index has moved up from 43,864.3 to 61,201.6, registering a gain of 39.5% during the last 12 months.

The top gainers among the BSE CONSUMER DURABLES index stocks during this same period were DIXON TECHNOLOGIES (up 189.0%), Blue Star (up 111.3%) and AMBER ENTERPRISES INDIA (up 105.4%).

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What About the Benchmark Indices?

The BSE Sensex is at 80,029.1 (down 0.4%).

The top losers among the BSE Sensex today are ICICI Bank (down 1.6%) and Sun Pharma (down 1.6%). The most traded stocks in the BSE Sensex are Power Grid Corp. and Tata Motors.

In the meantime, NSE Nifty is at 24,416.6 (down 0.2%). Cipla and Dr. Reddys are among the top losers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 64,112.7 to 80,029.1, registering a gain of 15,916.5 points (up 24.8%).

KDDL. Financial Update...

KDDL. net profit fell 14.7% YoY to Rs 279 million for the quarter ended June 2024, compared to a profit of Rs 327 million a year ago. Net sales rose 8.6% to Rs 3,599 million during the period as against Rs 3,315 million in April-June 2023.

For the year ended March 2024, KDDL. reported 78.6% increase in net profit to Rs 1,375 million compared to net profit of Rs 770 million during FY23. Revenue of the company grew 24.3% to Rs 13,910 million during FY24.

The current Price to earnings ratio of KDDL., based on rolling 12 month earnings, stands at 24.0.


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