Tuesday, 28 August 2018

EVEREADY IND. Plunges by 6%; BSE CONSUMER DURABLES Index Up 0.6%

EVEREADY IND. share price has plunged 6% and is presently trading at Rs 230.
Meanwhile, the BSE CONSUMER DURABLES Index is at 21,998 (up 0.6%).
Among the top losers in the BSE CONSUMER DURABLES Index today is EVEREADY IND. (down 6.3%).
RAJESH EXPORTS (up 2.6%) and WHIRLPOOL OF INDIA (up 1.9%) are among the top gainers today.
Over the last one year, EVEREADY IND. has moved down from Rs 295 to Rs 230, registering a loss of Rs 65 (down 22.0%)..
The BSE CONSUMER DURABLES has moved up from 17,643 to 21,998, registering a gain of 4,355 points (up 24.7%) during the last 12 months.
The top gainers among the BSE CONSUMER DURABLES Index stocks during this same period were VIP INDUSTRIES (up 186.2%), BAJAJ ELECTRICALS (up 63.2%) and WHIRLPOOL OF INDIA (up 49.7%).

What About the Benchmark Indices?

The BSE Sensex is at 38,815 (up 0.3%). The top gainers among the BSE Sensex stocks today are KOTAK MAH. BANK (up 1.5%), YES BANK (up 1.2%) and INDUSIND BANK (up 1.1%). Other gainers include WIPRO (up 0.8%) and COAL INDIA (up 0.8%). The most traded stocks in the BSE Sensex are INDUSIND BANK and AXIS BANK.
In the meantime, NSE Nifty is at 11,751 (up 0.5%). NTPC (up 2.2%) is among the top gainers in NSE Nifty.
Over the last 12 months, the BSE Sensex has moved up from 31,751 to 38,815, registering a gain of 7,064 points (up 22.2%).

EVEREADY IND. Financial Update...

EVEREADY IND. net profit down at Rs 184 million for the quarter ended June 2018, compared to a loss of Rs 209 million a year ago. Net Sales rose 3.7% to Rs 3.8 billion during the period as against Rs 3.7 billion in April-June 2017.
For the year ended March 2018, EVEREADY IND. reported 43.2% decrease in net profit to Rs 532.0 million compared to net profit of Rs 935.0 million during FY17.
Revenue of the company grew 3.8% to Rs 15 billion during FY18.
The current Price to earnings ratio of EVEREADY IND., based on rolling 12 month earnings, stands at 28.1x.
This article was originally published in English at www.equitymaster.com
Read the complete Indian stock market update. For the terms of use, go here.

No comments:

Post a Comment