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PG Electroplast Gains 5%; BSE FMCG Index Up 0.3%
Wed, 6 Nov 13:9

PG Electroplast Gains 5%; BSE FMCG Index Up 0.3%Image source: Nikada/www.istockphoto.com

PG Electroplast share price has zoomed 5% and is presently trading at Rs 664.4.

Meanwhile, the BSE FMCG index is at 21,535.6 (up 0.3%).

Among the top gainers in the BSE FMCG index today are CCL PRODUCTS (up 9.4%) and Gujarat Ambuja (up 3.0%).

Gillette India (down 1.3%) and Emami (down 0.9%) are among the top losers today.

Over the last one year, PG Electroplast has moved up from Rs 199.9 to Rs 664.4, registering a gain of Rs 464.5 (up 232.3%).

On the other hand, the BSE FMCG index has moved up from 18,833.3 to 21,535.6, registering a gain of 14.3% during the last 12 months.

The top gainers among the BSE FMCG index stocks during this same period were Godfrey Phillips (up 231.0%), BOM.BURMAH (up 97.1%) and RADICO KHAITAN (up 86.1%).

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

What About the Benchmark Indices?

The BSE Sensex is at 80,184.2 (up 0.9%).

The top gainers among the BSE Sensex today are TCS (up 3.8%) and HCl Tech. (up 3.7%). The most traded stocks in the BSE Sensex are ITC and Tata Steel.

In the meantime, NSE Nifty is at 24,427.4 (up 0.9%). Bharat Electronics and Adani Enterprises are among the top gainers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 64,958.7 to 80,184.2, registering a gain of 15,225.6 points (up 23.4%).

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 92.4.


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