GRUH FINANCE Plunges by 12%; BSE 500 Index Down 0.1%
January 8, 2019 09:32 AM

GRUH FINANCE share price has plunged 12% and is presently trading at Rs 283.

Meanwhile, the BSE 500 Index is at 14,420 (down 0.1%).

Among the top losers in the BSE 500 Index today is GRUH FINANCE (down 12.1%).

8K MILES SOFT (up 5.0%) and KIOCL (up 2.9%) are among the top gainers today.

Over the last one year, GRUH FINANCE has moved up from Rs 250 to Rs 283, registering a gain of Rs 33 (up 13.0%)..

The BSE 500 has moved down from 15,244 to 14,420, loss of 824 points (down 5.4%) during the last 12 months.

The top gainers among the BSE 500 Index stocks during this same period were VINATI ORG. (up 63.5%), NIIT TECHNOLOGIES (up 63.3%) and V-MART RETAIL (up 60.0%).

What About the Benchmark Indices?

The BSE Sensex is at 35,968 (down 0.1%). The top gainers among the BSE Sensex stocks today are TATA MOTORS (up 1.7%). The most traded stocks in the BSE Sensex are TATA MOTORS and SUN PHARMA.

In the meantime, NSE Nifty is at 10,786 (down 0.1%). SUN PHARMA (up 1.6%) is among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 34,353 to 35,968, registering a gain of 1,615 points (up 4.3%).

GRUH FINANCE Financial Update...

GRUH FINANCE net profit stood at Rs 1 billion for the quarter ended September 2018, compared to a profit of Rs 822 million a year ago. Net Sales rose 12.2% to Rs 4.8 billion during the period as against Rs 4.3 billion in July-September 2017.

For the year ended March 2018, GRUH FINANCE reported 22.3% increase in net profit to Rs 3.6 billion compared to net profit of Rs 3.0 billion during FY17.

Revenue of the company grew 13.4% to Rs 17 billion during FY18.

The current Price to earnings ratio of GRUH FINANCE, based on rolling 12 month earnings, stands at 22.7x.