Whirlpool of India advances after decent Q1 numbers

Whirlpool of India rose 3.15% to Rs 1,192.90 at 14:36 IST on BSE after net profit rose 8.83% to Rs 132.72 crore on 15.07% increase in total income to Rs 1639.54 crore in Q1 June 2017 over Q1 June 2016.

The result was announced during market hours today, 7 August 2017.

Meanwhile, the S&P BSE Sensex was up 21.77 points, or 0.07% at 32,352.67.

High volumes were witnessed on the counter. On the BSE, 16,000 shares were traded on the counter so far as against the average daily volumes of 3,768 shares in the past one quarter. The stock had hit a high of Rs 1,242 and a low of Rs 1,160.10 so far during the day. The stock had hit a record high of Rs 1,289.55 on 29 March 2017 and a 52-week low of Rs 835.80 on 26 December 2016.

The stock had underperformed the market over the past one month till 4 Aug 2017, advancing 2.74% compared with the Sensex's 3.57% rise. The scrip had also underperformed the market over the past one quarter declining 3.92% as against the Sensex's 7.3% rise. The scrip had, however, outperformed the market over the past one year advancing 36.2% as against the Sensex's 16.64% rise.

The large-cap company has equity capital of Rs 126.87 crore. Face value per share is Rs 10.

Whirlpool of India is one of the leading manufacturers and marketers of major home appliances in the country.

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