JOHNSON CONTROLS - HITACHI AC Surges by 12%; BSE CONSUMER DURABLES Index Up 1.3%
March 20, 2020 03:26 PM

JOHNSON CONTROLS - HITACHI AC share price has zoomed 12% and is presently trading at Rs 2,487.

Meanwhile, the BSE CONSUMER DURABLES Index is at 20,429 (up 1.3%).

Among the top Gainers in the BSE CONSUMER DURABLES Index today is JOHNSON CONTROLS - HITACHI AC (up 12.1%).

SYMPHONY (down 1.1%) and RAJESH EXPORTS (down 1.6%) are among the top losers today.

Over the last one year, JOHNSON CONTROLS - HITACHI AC has moved up from Rs 1,914 to Rs 2,487, registering a gain of Rs 573 (up 29.7%).

On the other hand, the BSE CONSUMER DURABLES has moved down from 23,192 to 20,429, loss of 2,763 points (down 13.9%) during the last 12 months.

The top gainers among the BSE CONSUMER DURABLES Index stocks during this same period were WHIRLPOOL OF INDIA (up 25.0%).

What About the Benchmark Indices?

The BSE Sensex is at 30,418 (up 6.2%).

The top gainers among the BSE Sensex stocks today are ONGC (up 20.7%), ULTRATECH CEMENT (up 13.8%) and HUL (up 11.7%). Other gainers include RELIANCE IND. (up 11.4%) and TATA STEEL (up 10.3%). The most traded stocks in the BSE Sensex are ONGC and SBI.

In the meantime, NSE Nifty is at 8,883 (up 5.9%). The top gainers in the NSE Nifty include BHARTI INFRATEL (up 23.7%), GAIL (up 16.6%) and ONGC (up 15.6%). Other gainers include ULTRATECH CEMENT (up 14.9%) and HUL (up 11.8%) are among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved down from 38,363 to 30,418, registering a loss of 7,945 points (down 21.71%).

JOHNSON CONTROLS - HITACHI AC Financial Update...

JOHNSON CONTROLS - HITACHI AC net profit declined 276.9% YoY to Rs 134 million for the quarter ended December 2019, compared to a loss of Rs 76 million a year ago. Net Sales rose 0.2% to Rs 4.4 billion during the period as against Rs 4.3 billion in October-December 2018.

For the year ended March 2018, JOHNSON CONTROLS - HITACHI AC 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, based on rolling 12 month earnings, stands at 56.9x.