Latest news with #PGElectroplastLtd
News18
11-08-2025
- Business
- News18
PGEL Share Cracks 16% Intraday, Down 38% In One Week; Why Is Stock Falling?
Last Updated: PGEL shares dropped 16% intraday, falling below Rs 500. The stock is down 38% in a week due to weak Q1FY26 results. Management remains optimistic about FY26 guidance. PGEL shares fall 38% in past five sessions. PGEL Share Price: PG Electroplast Ltd shares crashed 16 per cent intraday on Monday to come down below Rs 500-mark, continuing the downward rally of the past five sessions. Shares are now down 38 per cent in a week, falling from near Rs 800-mark. The sharp pressure on stocks came following weak Q1FY26 results due to poor summer season, with net profit falling to Rs 66.71 crore, versus Rs 84.93 crore in Q1FY25. crores. The Product business contributed 77.1% of overall revenues, growing 16.7% YoY. Within this, Room ACs grew 15.1% YoY, Washing Machines grew 36.1% YoY, and Coolers declined marginally by 3.9% YoY. Despite the weak quarterly earnings, the management is upbeat about meeting its revised guidance for the financial year ending March 31, 2026, according to MD Vikas Gupta in an interview with CNBC-TV18. Gupta said one poor summer season couldn't alter the company's long-term prospects. Inventory levels to normalize by October-November ahead of the peak production months kicking off in November, he said. The stock's 52-week movement indicates a high of Rs 1054.95 and a low of Rs 415, respectively. 'The early arrival of the monsoon impacted seasonal sales for Room ACs, making Q1 a more subdued start to the year. However, underlying demand indicators remain robust, and we see significant long-term potential given the relatively low penetration levels in core categories like Room ACs and Washing Machines," said the firm, following its earnings. In the quarterly earnings, PGEL management is looking increased opportunities from both existing and new clients. 'With enhanced capacities and technological capabilities, PGEL is well-positioned in India's consumer durables and plastics ecosystem," PGEL said in the filing. The company aims to achieve industry-leading revenue growth, drive gradual margin expansion through operational efficiencies and operational leverage and maintain best-in-class capital efficiency through improved cash flows and balance sheet optimization. Stocks are also hit sharply when domestic brokerage Nuvama Institutional Equities slashed its target price on the stock by 35 per cent. While the brokerage maintained its 'buy' call, it slashed its 12-month target price on the firm to Rs 710, down from Rs 1,100 per share. Given the firm's significant room air conditioner inventories, the firm will have very weak September and December quarters, according to the brokerage. Disclaimer: The views and investment tips by experts in this report are their own and not those of the website or its management. Users are advised to check with certified experts before taking any investment decisions. view comments Location : New Delhi, India, India First Published: August 11, 2025, 12:42 IST News business » markets PGEL Share Cracks 16% Intraday, Down 38% In One Week; Why Is Stock Falling? Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
Business Standard
11-08-2025
- Business
- Business Standard
PG Electroplast Ltd Falls 7.7%
PG Electroplast Ltd has lost 29.1% over last one month compared to 1.44% fall in BSE Consumer Durables index and 3.17% drop in the SENSEX PG Electroplast Ltd lost 7.7% today to trade at Rs 543.7. The BSE Consumer Durables index is down 0.66% to quote at 58636.95. The index is down 1.44 % over last one month. Among the other constituents of the index, Voltas Ltd decreased 5.6% and Amber Enterprises India Ltd lost 1.92% on the day. The BSE Consumer Durables index went up 0.42 % over last one year compared to the 0.23% surge in benchmark SENSEX. PG Electroplast Ltd has lost 29.1% over last one month compared to 1.44% fall in BSE Consumer Durables index and 3.17% drop in the SENSEX. On the BSE, 56849 shares were traded in the counter so far compared with average daily volumes of 2.06 lakh shares in the past one month. The stock hit a record high of Rs 1054.95 on 06 Jan 2025. The stock hit a 52-week low of Rs 415 on 14 Aug 2024.
Business Upturn
08-08-2025
- Business
- Business Upturn
PG Electroplast shares crash over 21% as company cuts full-year revenue and profit guidance
By Aditya Bhagchandani Published on August 8, 2025, 15:23 IST Shares of PG Electroplast Ltd. tumbled 21.74% to ₹576.65 on Friday, August 8, after the company slashed its full-year revenue and net profit growth guidance in its latest investor presentation. The stock, which closed at ₹736.85 in the previous session, hit an intraday low of ₹571.10, wiping out a significant portion of its market value. PG Electroplast's current market capitalisation stands at ₹16,330 crore. The company now expects consolidated sales of ₹5,700 crore to ₹5,800 crore in FY26, representing a growth of 17% to 19% from the previous year. This is sharply lower than its earlier March quarter guidance of ₹6,345 crore, which had implied a 30.3% growth. Total group revenue guidance has also been reduced to between ₹6,550 crore and ₹6,650 crore, down from ₹7,200 crore earlier. PG Electroplast has also lowered its net profit forecast to between ₹300 crore and ₹310 crore, indicating a growth of just 3% to 7% from last year. This is a steep cut from the ₹405 crore projection given earlier. June quarter performance For Q1FY26, the company's net profit fell 21.5% to ₹66.7 crore from ₹84.9 crore a year earlier. Revenue rose 14% to ₹1,503.8 crore compared to ₹1,320.6 crore in the same period last year. EBITDA declined 7% to ₹121.3 crore from ₹130.3 crore, with the EBITDA margin contracting to 8% from 9.9% a year ago. The company also revised its product business growth outlook to 17%–21% (₹4,140 crore–₹4,280 crore) from the earlier ₹4,770 crore guidance. Stock performance As of 3:21 PM, the stock had fallen 21.74% or ₹160.20 in Friday's session, ranking among the top losers on the NSE. The stock's 52-week range is ₹414.45 to ₹1,054.20, with a P/E ratio of 54.66 and an average trading volume of 2.25 million shares. Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information. Ahmedabad Plane Crash Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.
Business Standard
07-08-2025
- Business
- Business Standard
Blue Star Ltd Slides 1.98%
Blue Star Ltd has lost 3.14% over last one month compared to 1.11% fall in BSE Consumer Durables index and 4.12% drop in the SENSEX Blue Star Ltd fell 1.98% today to trade at Rs 1753.5. The BSE Consumer Durables index is down 0.96% to quote at 59357.66. The index is down 1.11 % over last one month. Among the other constituents of the index, Whirlpool of India Ltd decreased 1.76% and PG Electroplast Ltd lost 1.18% on the day. The BSE Consumer Durables index went up 1.35 % over last one year compared to the 1% surge in benchmark SENSEX. Blue Star Ltd has lost 3.14% over last one month compared to 1.11% fall in BSE Consumer Durables index and 4.12% drop in the SENSEX. On the BSE, 1870 shares were traded in the counter so far compared with average daily volumes of 14869 shares in the past one month. The stock hit a record high of Rs 2419.95 on 06 Jan 2025. The stock hit a 52-week low of Rs 1521.2 on 30 May 2025.
Business Standard
06-08-2025
- Business
- Business Standard
Berger Paints India Ltd Slips 1.35%
Berger Paints India Ltd has lost 3.55% over last one month compared to 1.84% fall in BSE Consumer Durables index and 3.29% drop in the SENSEX Berger Paints India Ltd fell 1.35% today to trade at Rs 564.75. The BSE Consumer Durables index is down 0.15% to quote at 59925.82. The index is down 1.84 % over last one month. Among the other constituents of the index, Amber Enterprises India Ltd decreased 0.8% and PG Electroplast Ltd lost 0.76% on the day. The BSE Consumer Durables index went up 3.66 % over last one year compared to the 2.67% surge in benchmark SENSEX. Berger Paints India Ltd has lost 3.55% over last one month compared to 1.84% fall in BSE Consumer Durables index and 3.29% drop in the SENSEX. On the BSE, 89 shares were traded in the counter so far compared with average daily volumes of 12331 shares in the past one month. The stock hit a record high of Rs 629.6 on 17 Sep 2024. The stock hit a 52-week low of Rs 437.8 on 30 Dec 2024.
