July 9, 2019 03:26 PM

BAJAJ ELECTRICALS share price has plunged 5% and is presently trading at Rs 508.

Meanwhile, the BSE CONSUMER DURABLES Index is at 24,216 (down 6.8%).

Among the top losers in the BSE CONSUMER DURABLES Index today is BAJAJ ELECTRICALS (down 5.1%).

VIP INDUSTRIES (up 3.2%) is among the top gainer today.

Over the last one year, BAJAJ ELECTRICALS has moved down from Rs 523 to Rs 508, registering a loss of Rs 16 (down 3.0%)..

The BSE CONSUMER DURABLES has moved up from 19,635 to 24,216, registering a gain of 4,581 points (up 23.3%) during the last 12 months.

The top gainers among the BSE CONSUMER DURABLES Index stocks during this same period were TITAN (up 33.7%), TTK PRESTIGE (up 33.4%) and RAJESH EXPORTS (up 20.6%).

What About the Benchmark Indices?

The BSE Sensex is at 38,814 (up 0.1%). The top gainers among the BSE Sensex stocks today are BAJAJ FINANCE (up 5.5%). The most traded stocks in the BSE Sensex are TATA MOTORS and SUN PHARMA.

In the meantime, NSE Nifty is at 11,583 . BAJAJ FINANCE (up 5.6%) is among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 35,935 to 38,814, registering a gain of 2,879 points (up 7.8%).

BAJAJ ELECTRICALS Financial Update...

BAJAJ ELECTRICALS net profit down at Rs 285 million for the quarter ended March 2019, compared to a loss of Rs 639 million a year ago. Net Sales declined 18.0% to Rs 17.7 billion during the period as against Rs 21.6 billion in January-March 2018.

For the year ended March 2018, BAJAJ ELECTRICALS reported 60.7% increase in net profit to Rs 1.7 billion compared to net profit of Rs 1.1 billion during FY17.

Revenue of the company grew 9.7% to Rs 47 billion during FY18.

The current Price to earnings ratio of BAJAJ ELECTRICALS, based on rolling 12 month earnings, stands at 29.2x.