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JYOTHY LABS Plunges 5%; BSE FMCG Index Down 1.6%
Mon, 4 Nov 13:16

JYOTHY LABS Plunges 5%; BSE FMCG Index Down 1.6%Image source: phive2015/www.istockphoto.com

JYOTHY LABS share price has plunged 5% and is presently trading at Rs 509.3.

Meanwhile, the BSE FMCG index is at 21,463.2 (down 1.6%).

Among the top losers in the BSE FMCG index today are Emami (down 5.4%) and KRBL (down 5.1%).

Gillette India (up 5.5%) and Godfrey Phillips (up 3.0%) are among the top gainers today.

Over the last one year, JYOTHY LABS has moved up from Rs 362.3 to Rs 509.3, registering a gain of Rs 147.1 (up 40.6%).

On the other hand, the BSE FMCG index has moved up from 18,518.4 to 21,463.2, registering a gain of 15.9% during the last 12 months.

The top gainers among the BSE FMCG index stocks during this same period were Godfrey Phillips (up 206.1%), BOM.BURMAH (up 97.7%) and RADICO KHAITAN (up 97.2%).

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

What About the Benchmark Indices?

The BSE Sensex is at 78,505.4 (down 1.7%).

The top losers among the BSE Sensex today are Bajaj Finserv (down 4.0%) and MUNDRA PORT & SEZ (down 3.8%). The most traded stocks in the BSE Sensex are ICICI Bank and Tata Steel.

In the meantime, NSE Nifty is at 23,905.7 (down 1.6%). Hero Motocorp and Bajaj Auto are among the top losers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 63,874.9 to 78,505.4, registering a gain of 14,630.5 points (up 22.9%).

JYOTHY LABS Financial Update...

JYOTHY LABS net profit grew 5.7% YoY to Rs 1,017 million for the quarter ended June 2024, compared to a profit of Rs 963 million a year ago. Net sales rose 8.0% to Rs 7,418 million during the period as against Rs 6,871 million in April-June 2023.

For the year ended March 2024, JYOTHY LABS reported 54.0% increase in net profit to Rs 3,693 million compared to net profit of Rs 2,397 million during FY23. Revenue of the company grew 10.9% to Rs 27,569 million during FY24.

The current Price to earnings ratio of JYOTHY LABS, based on rolling 12 month earnings, stands at 49.9.


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