TIMEX GROUP share price has plunged 5% and is presently trading at Rs 209.3.
Meanwhile, the BSE CONSUMER DURABLES index is at 62,569.5 .
Among the top losers in the BSE CONSUMER DURABLES index today are Voltas (down 1.5%) and WHIRLPOOL OF INDIA (down 1.2%).
RAJESH EXPORTS (up 3.3%) and VAIBHAV GEMS (up 2.8%) are among the top gainers today.
Over the last one year, TIMEX GROUP has moved up from Rs 181.8 to Rs 209.3, registering a gain of Rs 27.6 (up 15.2%).
On the other hand, the BSE CONSUMER DURABLES index has moved up from 46,415.4 to 62,569.5, registering a gain of 34.8% during the last 12 months.
The top gainers among the BSE CONSUMER DURABLES index stocks during this same period were DIXON TECHNOLOGIES (up 195.9%), AMBER ENTERPRISES INDIA (up 107.5%) and Voltas (up 100.8%).
Dear Reader: If You Invest in Midcap Stocks, this is for You
The BSE Sensex is at 80,380.1 (up 0.5%).
The top gainers among the BSE Sensex today are MUNDRA PORT & SEZ (up 6.9%) and NTPC (up 2.4%). The most traded stocks in the BSE Sensex are NTPC and Tata Steel.
In the meantime, NSE Nifty is at 24,324.6 (up 0.5%). Adani Enterprises and MUNDRA PORT & SEZ are among the top gainers in NSE NIFTY.
Over the last 12 months, the BSE Sensex has moved up from 66,174.2 to 80,380.1, registering a gain of 14,205.9 points (up 21.5%).
TIMEX GROUP net profit grew 61.9% YoY to Rs 178 million for the quarter ended September 2024, compared to a profit of Rs 110 million a year ago. Net sales rose 37.8% to Rs 1,741 million during the period as against Rs 1,264 million in July-September 2023.
For the year ended March 2024, TIMEX GROUP reported 55.2% decrease in net profit to Rs 208 million compared to net profit of Rs 465 million during FY23. Revenue of the company grew 9.2% to Rs 4,189 million during FY24.
The current Price to earnings ratio of TIMEX GROUP, based on rolling 12 month earnings, stands at 81.8.
Equitymaster requests your view! Post a comment on "TIMEX GROUP Plunges 5%; BSE CONSUMER DURABLES Index Down 0.0%". Click here!
Comments are moderated by Equitymaster, in accordance with the Terms of Use, and may not appear
on this article until they have been reviewed and deemed appropriate for posting.
In the meantime, you may want to share this article with your friends!