DHFL Plunges by 9%; BSE 500 Index Up 0.4%
January 30, 2019 09:24 AM

DHFL share price has plunged 9% and is presently trading at Rs 170.

Meanwhile, the BSE 500 Index is at 14,154 (up 0.4%).

Among the top losers in the BSE 500 Index today is DHFL (down 9.2%).

FDC LTD. (up 7.4%) and GRAPHITE INDIA (up 5.9%) are among the top gainers today.

Over the last one year, DHFL has moved down from Rs 596 to Rs 170, registering a loss of Rs 427 (down 71.5%)..

The BSE 500 has moved down from 15,533 to 14,154, loss of 1,379 points (down 8.9%) during the last 12 months.

The top gainers among the BSE 500 Index stocks during this same period were VINATI ORG. (up 64.5%), BATA INDIA (up 55.9%) and NESTLE (up 51.4%).

What About the Benchmark Indices?

The BSE Sensex is at 35,850 (up 0.4%). The top gainers among the BSE Sensex stocks today are AXIS BANK (up 4.4%). The most traded stocks in the BSE Sensex are YES BANK and AXIS BANK.

In the meantime, NSE Nifty is at 10,710 (up 0.4%). HCL TECH. (up 4.4%) is among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 36,283 to 35,850, registering a gain of -433 points (up -1.5%).

DHFL Financial Update...

DHFL net profit stood at Rs 3 billion for the quarter ended December 2018, compared to a profit of Rs 3 billion a year ago. Net Sales rose 23.5% to Rs 32.5 billion during the period as against Rs 26.3 billion in October-December 2017.

For the year ended March 2018, DHFL reported 22.6% increase in net profit to Rs 11.5 billion compared to net profit of Rs 9.4 billion during FY17.

Revenue of the company grew 9.4% to Rs 105 billion during FY18.

The current Price to earnings ratio of DHFL, based on rolling 12 month earnings, stands at 3.2x.