TIMEX GROUP share price has zoomed 5% and is presently trading at Rs 167.5.
Meanwhile, the BSE CONSUMER DURABLES index is at 59,420.8 (up 0.4%).
Among the top gainers in the BSE CONSUMER DURABLES index today are WHIRLPOOL OF INDIA (up 1.0%) and Blue Star (up 0.8%).
AMBER ENTERPRISES INDIA (down 1.4%) and VAIBHAV GEMS (down 0.5%) are among the top losers today.
Over the last one year, TIMEX GROUP has moved down from Rs 170.9 to Rs 167.5, registering a loss of Rs 3.3 (down 2.0%).
On the other hand, the BSE CONSUMER DURABLES index has moved up from 43,172.8 to 59,420.8, registering a gain of 37.6% during the last 12 months.
The top gainers among the BSE CONSUMER DURABLES index stocks during this same period were DIXON TECHNOLOGIES (up 192.0%), Blue Star (up 116.4%) and AMBER ENTERPRISES INDIA (up 107.1%).
Must See: These Segments are Witnessing Incredible Growth with Modi's Push
The BSE Sensex is at 80,854.3 (up 0.2%).
The top gainers among the BSE Sensex today are Bharti Airtel (up 2.0%) and Tata Steel (up 1.6%). The most traded stocks in the BSE Sensex are Tata Steel and NTPC.
In the meantime, NSE Nifty is at 24,648.0 (up 0.3%). Coal India and BPCL are among the top gainers in NSE NIFTY.
Over the last 12 months, the BSE Sensex has moved up from 65,393.9 to 80,854.3, registering a gain of 15,460.4 points (up 23.6%).
TIMEX GROUP net profit fell 68.4% YoY to Rs 71 million for the quarter ended March 2024, compared to a profit of Rs 224 million a year ago. Net sales rose 10.5% to Rs 921 million during the period as against Rs 833 million in January-March 2023.
For the year ended March 2023, TIMEX GROUP reported 1344.7% increase in net profit to Rs 465 million compared to net profit of Rs 32 million during FY22. Revenue of the company grew 45.0% to Rs 3,835 million during FY23.
The current Price to earnings ratio of TIMEX GROUP, based on rolling 12 month earnings, stands at 81.1.
Equitymaster requests your view! Post a comment on "TIMEX GROUP Gains 5%; BSE CONSUMER DURABLES Index Up 0.4%". 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!