VODAFONE IDEA Plunges by 5%; BSE 500 Index Down 0.3%
February 8, 2019 09:24 AM

VODAFONE IDEA share price has plunged 5% and is presently trading at Rs 32.

Meanwhile, the BSE 500 Index is at 14,480 (down 0.3%).

Among the top losers in the BSE 500 Index today are VODAFONE IDEA (down 5.3%) and GREENPLY IND (down 9.7%).

SHIPPING CORP. (up 6.1%) and RELIANCE POWER (up 6.0%) are among the top gainers today.

Over the last one year, VODAFONE IDEA has moved down from Rs 84 to Rs 32, registering a loss of Rs 52 (down 62.0%)..

The BSE 500 has moved down from 14,562 to 14,480, loss of 82 points (down 0.6%) during the last 12 months.

The top gainers among the BSE 500 Index stocks during this same period were V-MART RETAIL (up 92.8%), VINATI ORG. (up 90.0%) and BATA INDIA (up 70.8%).

What About the Benchmark Indices?

The BSE Sensex is at 36,886 (down 0.4%). The top gainers among the BSE Sensex stocks today are INDUSIND BANK (up 0.7%). The most traded stocks in the BSE Sensex are ITC LTD and COAL INDIA.

In the meantime, NSE Nifty is at 11,036 (down 0.3%). TITAN COMPANY (up 1.4%) and GRASIM IND. (up 0.8%) are among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 34,083 to 36,886, registering a gain of 2,803 points (up 8.0%).

VODAFONE IDEA Financial Update...

VODAFONE IDEA net profit stood at Rs 50 billion for the quarter ended December 2018, compared to a profit of Rs 13 billion a year ago. Net Sales rose 80.7% to Rs 117.6 billion during the period as against Rs 65.1 billion in October-December 2017.

For the year ended March 2018, VODAFONE IDEA reported 446.6% increase in net profit to Rs 44.9 billion compared to net profit of Rs 8.2 billion during FY17.

Revenue of the company grew 20.5% to Rs 283 billion during FY18.

The current Price to earnings ratio of VODAFONE IDEA, based on rolling 12 month earnings, stands at 10.6x.