PRAKASH INDUSTRIES share price has zoomed 5% and is presently trading at Rs 197.2.
Meanwhile, the BSE CONSUMER DURABLES index is at 59,424.2 (up 0.6%).
Among the top gainers in the BSE CONSUMER DURABLES index today are DIXON TECHNOLOGIES (up 2.6%) and ORIENT ELECTRIC (up 2.5%).
WHIRLPOOL OF INDIA (down 0.2%) and Titan (down 0.1%) are among the top losers today.
Over the last one year, PRAKASH INDUSTRIES has moved up from Rs 76.8 to Rs 197.2, registering a gain of Rs 120.4 (up 156.8%).
On the other hand, the BSE CONSUMER DURABLES index has moved up from 42,765.2 to 59,424.2, registering a gain of 39.0% during the last 12 months.
The top gainers among the BSE CONSUMER DURABLES index stocks during this same period were DIXON TECHNOLOGIES (up 194.6%), Blue Star (up 110.7%) and AMBER ENTERPRISES INDIA (up 101.0%).
Must See: These Segments are Witnessing Incredible Growth with Modi's Push
The BSE Sensex is at 79,888.5 (up 0.6%).
The top gainers among the BSE Sensex today are HDFC Bank (up 3.2%) and Axis Bank (up 2.0%). The most traded stocks in the BSE Sensex are Tata Steel and HDFC Bank.
In the meantime, NSE Nifty is at 24,265.5 (up 0.6%). HDFC Bank and Tata Consumer Products are among the top gainers in NSE NIFTY.
Over the last 12 months, the BSE Sensex has moved up from 65,205.1 to 79,888.5, registering a gain of 14,683.5 points (up 22.5%).
PRAKASH INDUSTRIES net profit grew 53.2% YoY to Rs 888 million for the quarter ended March 2024, compared to a profit of Rs 580 million a year ago. Net sales declined 11.9% to Rs 8,904 million during the period as against Rs 10,105 million in January-March 2023.
For the year ended March 2023, PRAKASH INDUSTRIES reported 12.9% increase in net profit to Rs 1,905 million compared to net profit of Rs 1,687 million during FY22. Revenue of the company fell 12.3% to Rs 34,438 million during FY23.
The current Price to earnings ratio of PRAKASH INDUSTRIES, based on rolling 12 month earnings, stands at 10.1.
Equitymaster requests your view! Post a comment on "PRAKASH INDUSTRIES Gains 5%; BSE CONSUMER DURABLES Index Up 0.6%". 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!