IIFL FINANCE share price has zoomed 10% and is presently trading at Rs 111.
Meanwhile, the BSE 500 Index is at 17,200 (up 1.2%).
Among the top Gainers in the BSE 500 Index today are IIFL FINANCE (up 10.2%) and CARE RATING (up 12.9%).
BLISS GVS PHARMA (down 0.1%) and BHARAT FORGE (down 0.1%) are among the top losers today.
Over the last one year, IIFL FINANCE has moved down from Rs 152 to Rs 111, registering a loss of Rs 41 (down 27.4%).
On the other hand, the BSE 500 has moved up from 15,492 to 17,200, registering a gain of 1,708 points (up 11.0%) during the last 12 months.
The top buzzing stocks among the BSE 500 Index stocks during this same period were ADANI GREEN ENERGY (up 886.9%), LAURUS LABS (up 381.6%) and DIXON TECHNOLOGIES (up 262.8%).
Know More: Which way are the markets & the mutual fund industry headed?
The BSE Sensex is at 44,724 (up 1.2%).
The top gainers among the BSE Sensex stocks today are SUN PHARMA (up 5.6%), ONGC (up 3.9%) and BHARTI AIRTEL (up 3.5%). Other gainers include INDUSIND BANK (up 3.4%) and INFOSYS (up 2.9%). The most traded stocks in the BSE Sensex are ONGC and SBI.
In the meantime, NSE Nifty is at 13,124 (up 1.1%). The top gainers in the NSE Nifty include GAIL (up 7.5%), SUN PHARMA (up 5.6%) and ONGC (up 3.9%). Other gainers include BHARTI AIRTEL (up 3.5%) and GRASIM (up 3.4%) are among the top gainers in NSE Nifty.
Over the last 12 months, the BSE Sensex has moved up from 40,821 to 44,724, registering a gain of 3,903 points (up 9.48%).
IIFL FINANCE net profit down at Rs 2 billion for the quarter ended June 2019, compared to a loss of Rs 2 billion a year ago. Net Sales declined 33.5% to Rs 11.9 billion during the period as against Rs 17.9 billion in April-June 2018.
For the year ended March 2018, IIFL FINANCE reported 39.4% increase in net profit to Rs 6.2 billion compared to net profit of Rs 4.5 billion during FY17.
Revenue of the company grew 21.5% to Rs 38 billion during FY18.
The current Price to earnings ratio of IIFL FINANCE, based on rolling 12 month earnings, stands at 3.5x. p >
What else is happening in the markets today? Dig in...
Indian share markets witnessed huge selling pressure today and failed to hold on to their opening gains as profit booking and weakness across all sectors erased gains.
JUBILANT LIFE SCIENCES share price is trading down by 5% and its current market price is Rs 956. The BSE 500 is down by 1.0%. The top gainers in the BSE 500 Index are GATEWAY DISTRIPARKS (up 10.9%) and NCC (up 6.4%). The top losers are JUBILANT LIFE SCIENCES (down 5.5%) and INFO EDGE (down 6.9%).
HIMACHAL FUTURISTIC share price is trading down by 5% and its current market price is Rs 32. The BSE 500 is down by 1.0%. The top gainers in the BSE 500 Index are GATEWAY DISTRIPARKS (up 10.9%) and NCC (up 6.4%). The top losers are HIMACHAL FUTURISTIC (down 5.3%) and INFO EDGE (down 6.9%).
ORIENT ELECTRIC share price is trading down by 5% and its current market price is Rs 265. The BSE 500 is down by 1.0%. The top gainers in the BSE 500 Index are GATEWAY DISTRIPARKS (up 11.5%) and NCC (up 6.4%). The top losers are ORIENT ELECTRIC (down 5.4%) and INFO EDGE (down 6.7%).
INDUSIND BANK share price is trading down by 5% and its current market price is Rs 912. The BSE BANKEX is down by 0.1%. The top gainers in the BSE BANKEX Index are AXIS BANK (up 2.4%) and HDFC BANK (up 1.3%). The top losers is INDUSIND BANK (down 5.1%).
HDFC AMC share price is trading down by 5% and its current market price is Rs 3,114. The BSE 500 is down by 1.0%. The top gainers in the BSE 500 Index are GATEWAY DISTRIPARKS (up 11.5%) and NCC (up 6.4%). The top losers are HDFC AMC (down 5.0%) and INFO EDGE (down 6.7%).
View More Indian Share Market NewsIn this video, I'll show you why it might be the right time to take money of the table in pharma stocks.
The pandemic failed to thwart Richa's investing success formula for 2020.
In this video, I'll show you a crucial chart that you need to check before you decide to sell any stock or index.
Our ace stock picker is ready to capitalise on a big growth opportunity.
More
Equitymaster requests your view! Post a comment on "IIFL FINANCE Share Price Up by 10%; BSE 500 Index Up 1.2%". Click here!
Comments are moderated by Equitymaster, in accordance with the Terms of Use, and may not appear
on this article until they have been reviewed and deemed appropriate for posting.
In the meantime, you may want to share this article with your friends!