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ICE MAKE REFRIGERATION Gains 5%; BSE CAPITAL GOODS Index Down 0.0%
Thu, 7 Nov 9:24

ICE MAKE REFRIGERATION  Gains 5%; BSE CAPITAL GOODS Index Down 0.0%Image source: alexsl/www.istockphoto.com

ICE MAKE REFRIGERATION share price has zoomed 5% and is presently trading at Rs 905.4.

Meanwhile, the BSE CAPITAL GOODS index is at 70,463.3 .

Among the top gainers in the BSE CAPITAL GOODS index today are Finolex Cables (up 1.8%) and Thermax (up 1.2%).

ADANI GREEN ENERGY (down 0.9%) and Bharat Electronics (down 0.9%) are among the top losers today.

Over the last one year, ICE MAKE REFRIGERATION has moved up from Rs 660.5 to Rs 905.4, registering a gain of Rs 244.9 (up 37.1%).

On the other hand, the BSE CAPITAL GOODS index has moved up from 47,002.7 to 70,463.3, registering a gain of 49.9% during the last 12 months.

The top gainers among the BSE CAPITAL GOODS index stocks during this same period were HINDUSTAN AERO. (up 127.8%), Bharat Electronics (up 117.4%) and Siemens (up 111.8%).

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

What About the Benchmark Indices?

The BSE Sensex is at 80,262.2 (down 0.1%).

The top losers among the BSE Sensex today are ICICI Bank (down 0.8%) and Reliance Ind. (down 0.7%). The most traded stocks in the BSE Sensex are Tata Steel and Reliance Ind..

In the meantime, NSE Nifty is at 24,454.6 (down 0.1%). Hindalco and Adani Enterprises are among the top losers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 64,958.7 to 80,262.2, registering a gain of 15,303.5 points (up 23.6%).

ICE MAKE REFRIGERATION Financial Update...

ICE MAKE REFRIGERATION net profit fell 32.0% YoY to Rs 36 million for the quarter ended June 2024, compared to a profit of Rs 54 million a year ago. Net sales rose 7.7% to Rs 852 million during the period as against Rs 791 million in April-June 2023.

For the year ended March 2023, ICE MAKE REFRIGERATION reported 184.2% increase in net profit to Rs 208 million compared to net profit of Rs 73 million during FY22. Revenue of the company grew 51.5% to Rs 3,122 million during FY23.

The current Price to earnings ratio of ICE MAKE REFRIGERATION , based on rolling 12 month earnings, stands at 58.5.


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