February 13, 2019 03:32 PM

VIP INDUSTRIES share price has plunged 5% and is presently trading at Rs 460.

Meanwhile, the BSE CONSUMER DURABLES Index is at 21,621 (down 1.4%).

Among the top losers in the BSE CONSUMER DURABLES Index today is VIP INDUSTRIES (down 5.0%).

SYMPHONY LTD (up 2.3%) and BLUE STAR (up 1.1%) are among the top gainers today.

Over the last one year, VIP INDUSTRIES has moved up from Rs 355 to Rs 460, registering a gain of Rs 105 (up 29.7%)..

The BSE CONSUMER DURABLES has moved up from 21,310 to 21,621, registering a gain of 311 points (up 1.5%) during the last 12 months.

The top gainers among the BSE CONSUMER DURABLES Index stocks during this same period were TITAN COMPANY (up 30.4%), VIP INDUSTRIES (up 18.9%) and TTK PRESTIGE (up 11.1%).

What About the Benchmark Indices?

The BSE Sensex is at 36,376 (down 0.5%). The top gainers among the BSE Sensex stocks today are TATA MOTORS (up 2.0%). The most traded stocks in the BSE Sensex are TATA MOTORS and ITC LTD.

In the meantime, NSE Nifty is at 10,892 (down 0.5%). ADANI PORTS & SEZ (up 4.8%) is among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 34,300 to 36,376, registering a gain of 2,076 points (up 4.9%).

VIP INDUSTRIES Financial Update...

VIP INDUSTRIES net profit down at Rs 238 million for the quarter ended December 2018, compared to a loss of Rs 269 million a year ago. Net Sales rose 27.2% to Rs 4.3 billion during the period as against Rs 3.4 billion in October-December 2017.

For the year ended March 2018, VIP INDUSTRIES reported 48.8% increase in net profit to Rs 1.3 billion compared to net profit of Rs 852.0 million during FY17.

Revenue of the company grew 10.4% to Rs 14 billion during FY18.

The current Price to earnings ratio of VIP INDUSTRIES, based on rolling 12 month earnings, stands at 38.4x.