BF UTILITIES Surges by 5%; BSE POWER Index Up 0.1%
November 9, 2018 11:03 AM

BF UTILITIES share price has zoomed 5% and is presently trading at Rs 230.

Meanwhile, the BSE POWER Index is at 1,978 (up 0.1%).

Among the top Gainers in the BSE POWER Index today is BF UTILITIES (up 5.2%).

SIEMENS (down 0.1%) and CG POWER & INDUSTRIAL SOLUTIONS LTD (down 0.1%) are among the top losers today.

Over the last one year, BF UTILITIES has moved down from Rs 447 to Rs 230, registering a loss of Rs 217 (down 48.9%).

On the other hand, the BSE POWER has moved down from 2,291 to 1,978, loss of 313 points (down 14.0%) during the last 12 months.

The top gainers among the BSE POWER Index stocks during this same period were ADANI POWER (up 49.1%).

What About the Benchmark Indices?

The BSE Sensex is at 35,279 .

The top gainers among the BSE Sensex stocks today are ASIAN PAINTS (up 4.4%), YES BANK (up 3.7%) and TATA MOTORS (up 3.0%). Other gainers include SUN PHARMA (up 2.8%) and AXIS BANK (up 2.6%). The most traded stocks in the BSE Sensex are YES BANK and ADANI PORTS & SEZ.

In the meantime, NSE Nifty is at 10,615 (up 0.1%). HPCL (up 4.3%) is among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 33,371 to 35,279, registering a gain of 1,908 points (up 5.6%).

BF UTILITIES Financial Update...

BF UTILITIES net profit down at Rs 15 million for the quarter ended September 2018, compared to a loss of Rs 157 million a year ago. Net Sales rose 66.7% to Rs 82.0 million during the period as against Rs 49.0 million in July-September 2017.

For the year ended March 2016, BF UTILITIES reported 93.2% decrease in net profit to Rs 78.0 million compared to net profit of Rs 1.2 billion during FY15.

Revenue of the company grew 41.9% to Rs 3 billion during FY16.

The current Price to earnings ratio of BF UTILITIES, based on rolling 12 month earnings, stands at 32.8x.