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ELIN ELECTRONICS Gains 7%; BSE CONSUMER DURABLES Index Up 0.3%
Tue, 19 Nov 9:21

ELIN ELECTRONICS Gains 7%; BSE CONSUMER DURABLES Index Up 0.3%Image source: Nikada/www.istockphoto.com

ELIN ELECTRONICS share price has zoomed 7% and is presently trading at Rs 214.9.

Meanwhile, the BSE CONSUMER DURABLES index is at 60,482.0 (up 0.3%).

Among the top gainers in the BSE CONSUMER DURABLES index today are VAIBHAV GEMS (up 1.5%) and Blue Star (up 1.0%).

WHIRLPOOL OF INDIA (down 1.1%) and DIXON TECHNOLOGIES (down 0.1%) are among the top losers today.

Over the last one year, ELIN ELECTRONICS has moved up from Rs 155.2 to Rs 214.9, registering a gain of Rs 59.8 (up 38.5%).

On the other hand, the BSE CONSUMER DURABLES index has moved up from 45,280.8 to 60,482.0, registering a gain of 33.6% during the last 12 months.

The top gainers among the BSE CONSUMER DURABLES index stocks during this same period were DIXON TECHNOLOGIES (up 181.7%), Voltas (up 106.1%) and AMBER ENTERPRISES INDIA (up 96.0%).

Revealed: Our Big Prediction

What About the Benchmark Indices?

The BSE Sensex is at 77,548.0 (up 0.3%).

The top gainers among the BSE Sensex today are Nestle (up 2.0%) and Tech Mahindra (up 1.5%). The most traded stocks in the BSE Sensex are Tata Steel and NTPC.

In the meantime, NSE Nifty is at 23,590.1 (up 0.6%). NTPC and Trent are among the top gainers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 65,675.9 to 77,548.0, registering a gain of 11,872.1 points (up 18.1%).

ELIN ELECTRONICS Financial Update...

ELIN ELECTRONICS net profit grew 22.0% YoY to Rs 48 million for the quarter ended September 2024, compared to a profit of Rs 39 million a year ago. Net sales rose 11.4% to Rs 3,046 million during the period as against Rs 2,733 million in July-September 2023.

For the year ended March 2024, ELIN ELECTRONICS reported 48.2% decrease in net profit to Rs 139 million compared to net profit of Rs 268 million during FY23. Revenue of the company fell 3.1% to Rs 10,417 million during FY24.

The current Price to earnings ratio of ELIN ELECTRONICS, based on rolling 12 month earnings, stands at 63.2.


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