Butterfly Gandhimathi Appliances standalone net profit declines 82.89% in the June 2024 quarter

Oriental Carbon & Chemicals Ltd, GVK Power & Infrastructure Ltd, Butterfly Gandhimathi Appliances Ltd and Parshva Enterprises Ltd are among the other losers in the BSE’s ‘B’ group today, 24 July 2024.

Purple Finance Ltd leads losers in ‘B’ group

Butterfly Gandhimathi Appliances announced that it has appointed Swetha Sagar as manager & chief business officer (CBO) of the company with effect from 15 June 2024.

Butterfly Gandhimathi appoints Swetha Sagar as manager & CBO

Butterfly Gandhimathi Appliances MD resigns, Swetha Sagar appointed as CBO, owned by Crompton Greaves Consumer Electricals Ltd.

Butterfly Gandhimathi MD R. Sriram steps down

Butterfly Gandhimathi Appliances announces resignation of Rangarajan Sriram as MD

Crompton Greaves Consumer Electricals Ltd (CGCEL) and Butterfly Gandhimathi Appliances have announced a merger to accelerate and smoothen the realisation of synergies of the combined business.

Crompton Greaves Consumer Electricals announces merger with Butterfly

Crompton Greaves Consumer Electricals Ltd. (Crompton) and Butterfly Gandhimathi Appliances Ltd (Butterfly) announced a merger on Saturday evening

Crompton and Butterfly announce merger

Butterfly Gandhimathi Appliances standalone net profit rises 29.15% in the December 2022 quarter

Butterfly Gandhimathi Appliances standalone net profit declines 1.33% in the September 2022 quarter

Shares to watch out for today: Adani Enterprises, Ceat, Butterfly Gandhimathi Appliances, Welspun Corp, Natco Pharma, Hatsun Agro Product, Bombay Dyeing ,V-Mart and more

Stocks in news: Adani Enterprises, Ceat, Natco Pharma, V-Mart and more

The floor price for the OFS is set at Rs 1,370 per equity share, a 8.67% discount to Butterfly Gandhimathi’s closing price of Rs 1,500.40 on Monday, 19 September 2022.

Butterfly Gandhimathi Appliances OFS opens for non-retail investors

Hasn't fared well - amongst the low performers

Performance

Seems to be overvalued vs the market average

Valuation

Lagging behind the market in financials growth

Growth

Average profitability - not good, not bad

Profitability

The stock is overpriced but is not in the overbought zone

Current price is more than the intrinsic value

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

Butterfly Gandhimathi Appliances Limited is a manufacturer of domestic kitchen and domestic electrical appliances. The Company is engaged in manufacturing LPG Stoves, Mixer Grinders, Table Top Wet Grinders and Pressure Cookers.