PC JEWELLER Plunges by 6%; BSE 500 Index Up 0.1%
February 5, 2019 01:34 PM

PC JEWELLER share price has plunged 6% and is presently trading at Rs 70.

Meanwhile, the BSE 500 Index is at 14,375 (up 0.1%).

Among the top losers in the BSE 500 Index today are PC JEWELLER (down 5.7%) and BIRLA CORP (down 5.6%).

PETRONET LNG (up 4.8%) and SHRIRAM TRANSPORT FIN. (up 4.4%) are among the top gainers today.

Over the last one year, PC JEWELLER has moved down from Rs 423 to Rs 70, registering a loss of Rs 353 (down 83.4%)..

The BSE 500 has moved down from 14,793 to 14,375, loss of 418 points (down 2.8%) during the last 12 months.

The top gainers among the BSE 500 Index stocks during this same period were V-MART RETAIL (up 83.7%), VINATI ORG. (up 82.5%) and BATA INDIA (up 69.6%).

What About the Benchmark Indices?

The BSE Sensex is at 36,688 (up 0.2%). The top gainers among the BSE Sensex stocks today are INDUSIND BANK (up 3.4%). The most traded stocks in the BSE Sensex are SBI and AXIS BANK.

In the meantime, NSE Nifty is at 10,950 (up 0.3%). TITAN COMPANY (up 3.9%) and ZEE ENTERTAINMENT (up 3.3%) are among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 34,757 to 36,688, registering a gain of 1,931 points (up 5.5%).

PC JEWELLER Financial Update...

PC JEWELLER net profit down at Rs 937 million for the quarter ended September 2018, compared to a loss of Rs 2 billion a year ago. Net Sales declined 38.2% to Rs 16.4 billion during the period as against Rs 26.4 billion in July-September 2017.

For the year ended March 2018, PC JEWELLER reported 27.2% increase in net profit to Rs 5.4 billion compared to net profit of Rs 4.2 billion during FY17.

Revenue of the company grew 13.4% to Rs 96 billion during FY18.

The current Price to earnings ratio of PC JEWELLER, based on rolling 12 month earnings, stands at 5.0x.