February 4, 2020 03:26 PM

BAJAJ ELECTRICALS share price has zoomed 11% and is presently trading at Rs 421.

Meanwhile, the BSE CONSUMER DURABLES Index is at 27,082 (up 3.5%).

Among the top Gainers in the BSE CONSUMER DURABLES Index today is BAJAJ ELECTRICALS (up 11.2%).

BLUE STAR (down 0.3%) and RAJESH EXPORTS (down 0.7%) are among the top losers today.

Over the last one year, BAJAJ ELECTRICALS has moved down from Rs 474 to Rs 421, registering a loss of Rs 54 (down 11.9%).

On the other hand, the BSE CONSUMER DURABLES has moved up from 21,592 to 27,082, registering a gain of 5,490 points (up 24.8%) during the last 12 months.

The top gainers among the BSE CONSUMER DURABLES Index stocks during this same period were WHIRLPOOL OF INDIA (up 60.2%), BLUE STAR (up 35.0%) and CROMPTON GREAVES CONSUMER ELEC. (up 33.5%).

What About the Benchmark Indices?

The BSE Sensex is at 40,819 (up 2.3%).

The top gainers among the BSE Sensex stocks today are TITAN (up 7.6%), ITC (up 4.0%) and HDFC (up 3.7%). Other gainers include POWER GRID (up 3.7%) and BAJAJ FINANCE (up 3.5%). The most traded stocks in the BSE Sensex are ICICI BANK and SBI.

In the meantime, NSE Nifty is at 11,986 (up 2.3%). TITAN (up 7.5%) is among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 36,583 to 40,819, registering a gain of 4,236 points (up 11.5%).

BAJAJ ELECTRICALS Financial Update...

BAJAJ ELECTRICALS net profit down at Rs 330 million for the quarter ended September 2019, compared to a loss of Rs 639 million a year ago. Net Sales declined 49.5% to Rs 10.9 billion during the period as against Rs 21.6 billion in July-September 2018.

For the year ended March 2019, BAJAJ ELECTRICALS reported 9.8% decrease in net profit to Rs 1.6 billion compared to net profit of Rs 1.7 billion during FY18.

Revenue of the company grew 41.6% to Rs 67 billion during FY19.

The current Price to earnings ratio of BAJAJ ELECTRICALS, based on rolling 12 month earnings, stands at 55.7x.