June 9, 2020 02:54 PM

VIP INDUSTRIES share price has plunged 5% and is presently trading at Rs 274.

Meanwhile, the BSE CONSUMER DURABLES Index is at 21,447 (down 1.7%).

Among the top losers in the BSE CONSUMER DURABLES Index today is VIP INDUSTRIES (down 5.2%).

TTK PRESTIGE (up 1.4%) and SYMPHONY (up 0.3%) are among the top gainers today.

Over the last one year, VIP INDUSTRIES has moved down from Rs 462 to Rs 274, registering a loss of Rs 188 (down 40.7%)..

The BSE CONSUMER DURABLES has moved down from 25,388 to 21,447, loss of 3,941 points (down 15.5%) during the last 12 months.

The top gainers among the BSE CONSUMER DURABLES Index stocks during this same period were WHIRLPOOL OF INDIA (up 30.5%).

What About the Benchmark Indices?

The BSE Sensex is at 34,811 (down 1.3%). The top gainers among the BSE Sensex stocks today are SUN PHARMA (up 2.1%). The most traded stocks in the BSE Sensex are INDUSIND BANK and ITC.

In the meantime, NSE Nifty is at 10,291 (down 1.3%). DR. REDDYS LAB (up 3.5%) is among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved down from 39,785 to 34,811, registering a loss of 4,974 points (down 14.76%).

VIP INDUSTRIES Financial Update...

VIP INDUSTRIES net profit down at Rs 95 million for the quarter ended March 2020, compared to a loss of Rs 342 million a year ago. Net Sales declined 28.0% to Rs 3.1 billion during the period as against Rs 4.3 billion in January-March 2019.

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 32.4x.