EUREKA FORBES share price has zoomed 5% and is presently trading at Rs 481.8.
Meanwhile, the BSE CONSUMER DURABLES index is at 58,637.7 (down 0.2%).
Among the top gainers in the BSE CONSUMER DURABLES index today are WHIRLPOOL OF INDIA (up 9.8%) and ORIENT ELECTRIC (up 2.9%).
CROMPTON GREAVES CONSUMER ELEC. (down 1.1%) and RAJESH EXPORTS (down 0.1%) are among the top losers today.
Over the last one year, EUREKA FORBES has moved down from Rs 556.6 to Rs 481.8, registering a loss of Rs 74.7 (down 13.4%).
On the other hand, the BSE CONSUMER DURABLES index has moved up from 42,324.6 to 58,637.7, registering a gain of 38.5% during the last 12 months.
The top gainers among the BSE CONSUMER DURABLES index stocks during this same period were DIXON TECHNOLOGIES (up 159.3%), Blue Star (up 110.7%) and Voltas (up 98.2%).
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The BSE Sensex is at 78,895.0 (up 0.3%).
The top gainers among the BSE Sensex today are Ultratech Cement (up 2.8%) and JSW Steel (up 1.9%). The most traded stocks in the BSE Sensex are Tata Steel and M&M.
In the meantime, NSE Nifty is at 23,919.1 (up 0.2%). Ultratech Cement and JSW Steel are among the top gainers in NSE NIFTY.
Over the last 12 months, the BSE Sensex has moved up from 62,970.0 to 78,895.0, registering a gain of 15,925.0 points (up 25.3%).
EUREKA FORBES net profit grew 3.9% YoY to Rs 214 million for the quarter ended March 2024, compared to a profit of Rs 206 million a year ago. Net sales rose 8.8% to Rs 5,536 million during the period as against Rs 5,086 million in January-March 2023.
For the year ended March 2023, EUREKA FORBES reported 912.2% increase in net profit to Rs 265 million compared to net profit of Rs 26 million during FY22. Revenue of the company grew 446.0% to Rs 20,845 million during FY23.
The current Price to earnings ratio of EUREKA FORBES, based on rolling 12 month earnings, stands at 97.5.
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