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ADANI WILMAR Plunges 7%; BSE FMCG Index Down 1.0%
Mon, 13 Jan 9:23

ADANI WILMAR Plunges 7%; BSE FMCG Index Down 1.0%Image source: ipopba/www.istockphoto.com

ADANI WILMAR share price has plunged 7% and is presently trading at Rs 269.8.

Meanwhile, the BSE FMCG index is at 20,555.6 (down 1.0%).

Among the top losers in the BSE FMCG index today are Godfrey Phillips (down 3.0%) and RADICO KHAITAN (down 3.0%).

Over the last one year, ADANI WILMAR has moved down from Rs 372.4 to Rs 269.8, registering a loss of Rs 102.6 (down 27.5%).

On the other hand, the BSE FMCG index has moved up from 20,393.8 to 20,555.6, registering a gain of 0.8% during the last 12 months.

The top gainers among the BSE FMCG index stocks during this same period were Godfrey Phillips (up 107.4%), Gillette India (up 40.3%) and E.I.D. Parry (up 39.1%).

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What About the Benchmark Indices?

The BSE Sensex is at 76,589.8 (down 1.0%).

The top losers among the BSE Sensex today are ZOMATO (down 2.0%) and Power Grid Corp. (down 1.9%). The most traded stocks in the BSE Sensex are ZOMATO and Tata Steel.

In the meantime, NSE Nifty is at 23,241.7 (down 0.8%). IOC and Power Grid Corp. are among the top losers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 71,386.2 to 76,589.8, registering a gain of 5,203.6 points (up 7.3%).

ADANI WILMAR Financial Update...

ADANI WILMAR net profit grew 316.5% YoY to Rs 2,819 million for the quarter ended September 2024, compared to a loss of Rs 1,302 million a year ago. Net sales rose 17.9% to Rs 144,605 million during the period as against Rs 122,672 million in July-September 2023.

For the year ended March 2024, ADANI WILMAR reported 69.2% decrease in net profit to Rs 1,707 million compared to net profit of Rs 5,536 million during FY23. Revenue of the company fell 11.9% to Rs 512,616 million during FY24.

The current Price to earnings ratio of ADANI WILMAR, based on rolling 12 month earnings, stands at 36.8.


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