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KIRLOSKAR ELECTRIC Gains 7%; BSE CONSUMER DURABLES Index Down 1.0%
Thu, 18 Jul 13:25

KIRLOSKAR ELECTRIC Gains 7%; BSE CONSUMER DURABLES Index Down 1.0%Image source: hudiemm/www.istockphoto.com

KIRLOSKAR ELECTRIC share price has zoomed 7% and is presently trading at Rs 240.2.

Meanwhile, the BSE CONSUMER DURABLES index is at 58,635.2 (down 1.0%).

Among the top gainers in the BSE CONSUMER DURABLES index today are RAJESH EXPORTS (up 1.6%) and Titan (up 0.2%).

AMBER ENTERPRISES INDIA (down 4.5%) and DIXON TECHNOLOGIES (down 3.8%) are among the top losers today.

Over the last one year, KIRLOSKAR ELECTRIC has moved up from Rs 125.0 to Rs 240.2, registering a gain of Rs 115.3 (up 92.2%).

On the other hand, the BSE CONSUMER DURABLES index has moved up from 42,838.6 to 58,635.2, registering a gain of 36.9% during the last 12 months.

The top gainers among the BSE CONSUMER DURABLES index stocks during this same period were DIXON TECHNOLOGIES (up 178.7%), Blue Star (up 116.1%) and AMBER ENTERPRISES INDIA (up 98.0%).

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What About the Benchmark Indices?

The BSE Sensex is at 81,062.0 (up 0.4%).

The top gainers among the BSE Sensex today are TCS (up 2.8%) and Bajaj Finserv (up 1.8%). The most traded stocks in the BSE Sensex are Tata Steel and SBI.

In the meantime, NSE Nifty is at 24,713.5 (up 0.4%). TCS and LTIMINDTREE are among the top gainers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 66,589.9 to 81,062.0, registering a gain of 14,472.1 points (up 21.7%).

KIRLOSKAR ELECTRIC Financial Update...

KIRLOSKAR ELECTRIC net profit fell 50.2% YoY to Rs 54 million for the quarter ended March 2024, compared to a profit of Rs 109 million a year ago. Net sales rose 16.2% to Rs 1,685 million during the period as against Rs 1,451 million in January-March 2023.

For the year ended March 2023, KIRLOSKAR ELECTRIC reported 53.9% decrease in net profit to Rs 311 million compared to net profit of Rs 674 million during FY22. Revenue of the company grew 41.5% to Rs 4,735 million during FY23.

The current Price to earnings ratio of KIRLOSKAR ELECTRIC, based on rolling 12 month earnings, stands at 113.3.


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