RELIANCE INFRA Plunges by 5%; BSE POWER Index Up 0.4%
February 12, 2019 09:40 AM

RELIANCE INFRA share price has plunged 5% and is presently trading at Rs 118.

Meanwhile, the BSE POWER Index is at 1,791 (up 0.4%).

Among the top losers in the BSE POWER Index today is RELIANCE INFRA (down 5.0%).

POWER GRID (up 1.8%) and SIEMENS (up 1.5%) are among the top gainers today.

Over the last one year, RELIANCE INFRA has moved down from Rs 460 to Rs 118, registering a loss of Rs 342 (down 74.2%)..

The BSE POWER has moved down from 2,274 to 1,791, loss of 483 points (down 21.2%) during the last 12 months.

The top gainers among the BSE POWER Index stocks during this same period were ADANI TRANSMISSION (up 2.9%) and ADANI POWER (up 2.2%).

What About the Benchmark Indices?

The BSE Sensex is at 36,465 . The top gainers among the BSE Sensex stocks today are POWER GRID (up 1.8%). The most traded stocks in the BSE Sensex are YES BANK and TATA MOTORS.

In the meantime, NSE Nifty is at 10,911 . ZEE ENTERTAINMENT (up 2.0%) is among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 34,300 to 36,465, registering a gain of 2,165 points (up 6.1%).

RELIANCE INFRA Financial Update...

RELIANCE INFRA net profit down at Rs 2 billion for the quarter ended December 2018, compared to a loss of Rs 532 million a year ago. Net Sales declined 29.8% to Rs 41.2 billion during the period as against Rs 58.6 billion in October-December 2017.

For the year ended March 2018, RELIANCE INFRA reported 468.4% decrease in net profit to Rs 3.6 billion compared to net loss of Rs 966.0 million during FY17.

Revenue of the company grew 3.7% to Rs 254 billion during FY18.

The current Price to earnings ratio of RELIANCE INFRA, based on rolling 12 month earnings, stands at down 1.1x.