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Eveready Industries Gains 8%; BSE CONSUMER DURABLES Index Down 0.9%
Thu, 18 Jul 15:42

Eveready Industries Gains 8%; BSE CONSUMER DURABLES Index Down 0.9%Image source: DNY59/www.istockphoto.com

Eveready Industries share price has zoomed 8% and is presently trading at Rs 406.0.

Meanwhile, the BSE CONSUMER DURABLES index is at 58,666.7 (down 0.9%).

Among the top gainers in the BSE CONSUMER DURABLES index today are Titan (up 0.9%) and ORIENT ELECTRIC (up 0.4%).

DIXON TECHNOLOGIES (down 4.9%) and Bajaj Electricals (down 3.9%) are among the top losers today.

Over the last one year, Eveready Industries has moved up from Rs 341.2 to Rs 406.0, registering a gain of Rs 64.9 (up 19.0%).

On the other hand, the BSE CONSUMER DURABLES index has moved up from 42,838.6 to 58,666.7, 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 175.4%), Blue Star (up 113.9%) and AMBER ENTERPRISES INDIA (up 99.7%).

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What About the Benchmark Indices?

The BSE Sensex is at 81,343.5 (up 0.8%).

The top gainers among the BSE Sensex today are TCS (up 2.9%) and Bajaj Finserv (up 2.3%). The most traded stocks in the BSE Sensex are Tata Steel and NTPC.

In the meantime, NSE Nifty is at 24,779.4 (up 0.7%). LTIMINDTREE and ONGC are among the top gainers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 66,589.9 to 81,343.5, registering a gain of 14,753.5 points (up 22.2%).

Eveready Industries Financial Update...

Eveready Industries net profit grew 155.9% YoY to Rs 81 million for the quarter ended March 2024, compared to a loss of Rs 144 million a year ago. Net sales declined 1.8% to Rs 2,809 million during the period as against Rs 2,862 million in January-March 2023.

For the year ended March 2024, Eveready Industries reported 141.7% increase in net profit to Rs 668 million compared to net profit of Rs 276 million during FY23. Revenue of the company fell 1.0% to Rs 13,143 million during FY24.

The current Price to earnings ratio of Eveready Industries, based on rolling 12 month earnings, stands at 44.2.


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