Hot Pursuit     14-May-09
Whirlpool of India soars on strong FY 2009 outcome
Whirlpool of India jumped 14.17% to Rs 42.30 at 14:27 IST on BSE after net profit surged 118.2% to Rs 70.52 crore on 8.1% rise in net sales to Rs 1933.98 crore in year ended March 2009 over the year ended March 2008

The results were declared during market hours on Wednesday, 13 May 2009 when the stock had risen 8.33% to Rs 37.05

Meanwhile, the BSE Sensex was down 146.50 points, or 1.22%, to 11,873.45.

On BSE, 2.40 lakh shares were traded in the counter. The scrip had an average daily volume of 39042 shares in the past one quarter.

The stock hit a high of Rs 43.20 and a low of Rs 36 so far during the day. The stock had hit a 52-week high of Rs 62.70 on 6 August 2008 and a 52-week low of Rs 22 on 13 March 2009.

The small-cap company underperformed the market over the past one month till 13 May 2009, rising 3.64% as compared to the Sensex's 9.60% rise. However it outperformed the market in the past one quarter, surging 33.03% as against the Sensex rise of 24.75%.

The consumer durables maker has an equity capital of Rs 126.87 crore. Face value per share is Rs 10.

The current price of Rs 42.30 discounts its Q4 March 2009 annualised EPS of Rs 5.44, by a PE multiple of 7.77.

Whirlpool of India's net profit rose 4.5% to Rs 17.27 crore on 2.3% rise in net sales to Rs 420.95 crore in Q4 March 2009 over Q4 March 2008.

The company manufactures consumer durables like refrigerators, washing machine, air-conditioners and microwaves.

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