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PG Electroplast Plunges 4%; BSE FMCG Index Down 0.7%
Mon, 4 Nov 9:31

PG Electroplast Plunges 4%; BSE FMCG Index Down 0.7%Image source: Kameleon007 /www.istockphoto.com

PG Electroplast share price has plunged 4% and is presently trading at Rs 614.8.

Meanwhile, the BSE FMCG index is at 21,679.2 (down 0.7%).

Among the top losers in the BSE FMCG index today are Emami (down 3.8%) and JYOTHY LABS (down 3.1%).

Gillette India (up 6.1%) and Zydus Wellness (up 0.7%) are among the top gainers today.

Over the last one year, PG Electroplast has moved up from Rs 197.1 to Rs 614.8, registering a gain of Rs 417.7 (up 211.9%).

On the other hand, the BSE FMCG index has moved up from 18,518.4 to 21,679.2, registering a gain of 17.1% during the last 12 months.

The top gainers among the BSE FMCG index stocks during this same period were Godfrey Phillips (up 194.3%), BOM.BURMAH (up 100.3%) and RADICO KHAITAN (up 97.8%).

Dear Reader: If You Invest in Midcap Stocks, this is for You

What About the Benchmark Indices?

The BSE Sensex is at 79,053.5 (down 1.0%).

The top losers among the BSE Sensex today are Sun Pharma (down 3.1%) and Infosys (down 2.2%). The most traded stocks in the BSE Sensex are Tata Steel and Tata Motors.

In the meantime, NSE Nifty is at 24,076.7 (down 0.9%). Bajaj Auto and IOC are among the top losers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 63,874.9 to 79,053.5, registering a gain of 15,178.5 points (up 23.8%).

PG Electroplast Financial Update...

PG Electroplast net profit grew 151.2% YoY to Rs 849 million for the quarter ended June 2024, compared to a profit of Rs 338 million a year ago. Net sales rose 94.9% to Rs 13,207 million during the period as against Rs 6,776 million in April-June 2023.

For the year ended March 2024, PG Electroplast reported 76.9% increase in net profit to Rs 1,370 million compared to net profit of Rs 775 million during FY23. Revenue of the company grew 27.2% to Rs 27,465 million during FY24.

The current Price to earnings ratio of PG Electroplast, based on rolling 12 month earnings, stands at 85.5.


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