Whirlpool of India hits 52-week high after strong Q4 earnings

Whirlpool of India surged 7.31% to Rs 277.35 at 9:51 IST on BSE after net profit jumped 43.63% to Rs 35.55 crore on 6.29% growth in total income from operations to Rs 666.33 crore in Q4 March 2014 over Q4 March 2013.

The Q4 result was announced after market hours on Monday, 19 May 2014.

Meanwhile, the S&P BSE Sensex was up 66.93 points or 0.27% at 24,429.98.

On BSE, so far 26,000 shares were traded in the counter as against average daily volume of 15,000 shares in the past two weeks.

The stock hit a high of Rs 281.50 so far during the day, which is a 52-week high for the counter. The stock hit a low of Rs 265 so far during the day.

 

Whirlpool of India's net profit declined 3.78% to Rs 122.91 crore on 2.23% growth in total income from operations to Rs 2834.64 crore in the year ended 31 March 2014 (FY 2014) over the year ended 31 March 2013 (FY 2013).

Whirlpool of India is engaged in manufacturing and marketing of refrigerators, washing machines, air conditioners, microwave ovens and small home appliances.

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