March 24, 2020 09:47 AM

VIP INDUSTRIES share price has plunged 6% and is presently trading at Rs 222.

Meanwhile, the BSE CONSUMER DURABLES Index is at 18,086 (down 4.8%).

Among the top losers in the BSE CONSUMER DURABLES Index today are VIP INDUSTRIES (down 5.8%) and WHIRLPOOL OF INDIA (down 8.6%).

CROMPTON GREAVES CONSUMER ELEC. (up 3.6%) and VOLTAS (up 2.0%) are among the top gainers today.

Over the last one year, VIP INDUSTRIES has moved down from Rs 452 to Rs 222, registering a loss of Rs 230 (down 50.9%)..

The BSE CONSUMER DURABLES has moved down from 23,035 to 18,086, loss of 4,949 points (down 21.5%) during the last 12 months.

The top gainers among the BSE CONSUMER DURABLES Index stocks during this same period were WHIRLPOOL OF INDIA (up 1.6%).

What About the Benchmark Indices?

The BSE Sensex is at 27,463 (up 0.9%). The top gainers among the BSE Sensex stocks today are INFOSYS (up 7.3%). The most traded stocks in the BSE Sensex are SBI and ONGC.

In the meantime, NSE Nifty is at 8,037 (up 0.8%). INFOSYS (up 7.4%) and HUL (up 6.0%) are among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved down from 37,809 to 27,463, registering a loss of 10,346 points (down 30.67%).

VIP INDUSTRIES Financial Update...

VIP INDUSTRIES net profit stood at Rs 342 million for the quarter ended December 2019, compared to a profit of Rs 238 million a year ago. Net Sales rose 0.5% to Rs 4.3 billion during the period as against Rs 4.3 billion in October-December 2018.

For the year ended March 2019, VIP INDUSTRIES reported 14.6% increase in net profit to Rs 1.5 billion compared to net profit of Rs 1.3 billion during FY18.

Revenue of the company grew 26.0% to Rs 18 billion during FY19.

The current Price to earnings ratio of VIP INDUSTRIES, based on rolling 12 month earnings, stands at 21.8x.