BAJAJ CORP Plunges by 5%; BSE FMCG Index Up 0.3%
January 18, 2019 09:24 AM

BAJAJ CORP share price has plunged 5% and is presently trading at Rs 373.

Meanwhile, the BSE FMCG Index is at 11,985 (up 0.3%).

Among the top losers in the BSE FMCG Index today is BAJAJ CORP (down 5.0%).

EMAMI LTD (up 2.0%) and P&G HYGIENE (up 1.2%) are among the top gainers today.

Over the last one year, BAJAJ CORP has moved down from Rs 517 to Rs 373, registering a loss of Rs 144 (down 27.9%)..

The BSE FMCG has moved up from 10,738 to 11,985, registering a gain of 1,247 points (up 11.6%) during the last 12 months.

The top gainers among the BSE FMCG Index stocks during this same period were NESTLE (up 44.1%), BRITANNIA (up 34.7%) and HUL (up 28.0%).

What About the Benchmark Indices?

The BSE Sensex is at 36,470 (up 0.2%). The top gainers among the BSE Sensex stocks today are RELIANCE IND. (up 1.7%). The most traded stocks in the BSE Sensex are YES BANK and RELIANCE IND..

In the meantime, NSE Nifty is at 10,928 (up 0.1%). RELIANCE IND. (up 1.6%) is among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 35,082 to 36,470, registering a gain of 1,388 points (up 3.9%).

BAJAJ CORP Financial Update...

BAJAJ CORP net profit stood at Rs 601 million for the quarter ended December 2018, compared to a profit of Rs 552 million a year ago. Net Sales rose 10.3% to Rs 2.3 billion during the period as against Rs 2.1 billion in October-December 2017.

For the year ended March 2018, BAJAJ CORP reported 10.8% decrease in net profit to Rs 2.1 billion compared to net profit of Rs 2.4 billion during FY17.

Revenue of the company grew 4.0% to Rs 8 billion during FY18.

The current Price to earnings ratio of BAJAJ CORP, based on rolling 12 month earnings, stands at 24.6x.