JOHNSON CONTROLS - HITACHI AC INDIA Plunges by 6%; BSE CONSUMER DURABLES Index Down 0.2%
May 2, 2019 09:30 AM

JOHNSON CONTROLS - HITACHI AC INDIA share price has plunged 6% and is presently trading at Rs 1,754.

Meanwhile, the BSE CONSUMER DURABLES Index is at 23,886 (down 0.2%).

Among the top losers in the BSE CONSUMER DURABLES Index today is JOHNSON CONTROLS - HITACHI AC INDIA (down 5.7%).

BLUE STAR (up 2.1%) and WHIRLPOOL OF INDIA (up 0.2%) are among the top gainers today.

Over the last one year, JOHNSON CONTROLS - HITACHI AC INDIA has moved down from Rs 2,630 to Rs 1,754, registering a loss of Rs 876 (down 33.3%)..

The BSE CONSUMER DURABLES has moved up from 22,380 to 23,886, registering a gain of 1,506 points (up 6.7%) during the last 12 months.

The top gainers among the BSE CONSUMER DURABLES Index stocks during this same period were TTK PRESTIGE (up 31.3%), TITAN (up 17.5%) and VIP INDUSTRIES (up 11.4%).

What About the Benchmark Indices?

The BSE Sensex is at 39,037 (down 0.2%). The top gainers among the BSE Sensex stocks today are ONGC (up 1.3%). The most traded stocks in the BSE Sensex are HDFC BANK and ONGC.

In the meantime, NSE Nifty is at 11,734 (down 0.3%). BHARTI INFRATEL (up 2.7%) is among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 35,160 to 39,037, registering a gain of 3,877 points (up 10.8%).

JOHNSON CONTROLS - HITACHI AC INDIA Financial Update...

JOHNSON CONTROLS - HITACHI AC INDIA net profit down at Rs 76 million for the quarter ended December 2018, compared to a loss of Rs 18 million a year ago. Net Sales rose 15.2% to Rs 4.3 billion during the period as against Rs 3.8 billion in October-December 2017.

For the year ended March 2018, JOHNSON CONTROLS - HITACHI AC INDIA reported 23.1% increase in net profit to Rs 1.0 billion compared to net profit of Rs 813.0 million during FY17.

Revenue of the company grew 7.6% to Rs 23 billion during FY18.

The current Price to earnings ratio of JOHNSON CONTROLS - HITACHI AC INDIA, based on rolling 12 month earnings, stands at 56.7x.