GUJ.NARMADA Plunges by 6%; BSE 500 Index Up 0.0%
February 12, 2019 09:20 AM

GUJ.NARMADA share price has plunged 6% and is presently trading at Rs 290.

Meanwhile, the BSE 500 Index is at 14,220 .

Among the top losers in the BSE 500 Index today are GUJ.NARMADA (down 5.9%) and CRISIL (down 5.5%).

RELIANCE NAVAL & ENGINEERING LTD (up 5.0%) and G.E.SHIPPING (up 3.7%) are among the top gainers today.

Over the last one year, GUJ.NARMADA has moved down from Rs 487 to Rs 290, registering a loss of Rs 197 (down 40.5%)..

The BSE 500 has moved down from 14,797 to 14,220, loss of 577 points (down 3.9%) during the last 12 months.

The top gainers among the BSE 500 Index stocks during this same period were VINATI ORG. (up 90.1%), BATA INDIA (up 68.5%) and V-MART RETAIL (up 68.0%).

What About the Benchmark Indices?

The BSE Sensex is at 36,406 . The top gainers among the BSE Sensex stocks today are POWER GRID (up 1.0%). The most traded stocks in the BSE Sensex are POWER GRID and HDFC.

In the meantime, NSE Nifty is at 10,880 (down 0.1%). INDIABULLS HOU. FIN. (up 1.5%) and IOC (up 0.8%) are among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 34,300 to 36,406, registering a gain of 2,106 points (up 6.1%).

GUJ.NARMADA Financial Update...

GUJ.NARMADA net profit stood at Rs 3 billion for the quarter ended September 2018, compared to a profit of Rs 2 billion a year ago. Net Sales rose 3.2% to Rs 16.4 billion during the period as against Rs 15.9 billion in July-September 2017.

For the year ended March 2018, GUJ.NARMADA reported 244.6% increase in net profit to Rs 7.9 billion compared to net profit of Rs 2.3 billion during FY17.

Revenue of the company grew 19.7% to Rs 59 billion during FY18.

The current Price to earnings ratio of GUJ.NARMADA, based on rolling 12 month earnings, stands at 4.3x.