VODAFONE IDEA Plunges by 5%; BSE 500 Index Down 0.5%
February 12, 2019 03:26 PM

VODAFONE IDEA share price has plunged 5% and is presently trading at Rs 31.

Meanwhile, the BSE 500 Index is at 14,248 (down 0.5%).

Among the top losers in the BSE 500 Index today are VODAFONE IDEA (down 5.5%) and INFO EDGE (down 5.1%).

DISH TV (up 15.4%) and JINDAL STEEL & POWER (up 10.6%) are among the top gainers today.

Over the last one year, VODAFONE IDEA has moved down from Rs 85 to Rs 31, registering a loss of Rs 54 (down 63.3%)..

The BSE 500 has moved down from 14,797 to 14,248, loss of 549 points (down 3.7%) during the last 12 months.

The top gainers among the BSE 500 Index stocks during this same period were VINATI ORG. (up 87.0%), BATA INDIA (up 66.6%) and V-MART RETAIL (up 65.0%).

What About the Benchmark Indices?

The BSE Sensex is at 36,465 (down 0.7%). The top gainers among the BSE Sensex stocks today are COAL INDIA (up 2.0%). The most traded stocks in the BSE Sensex are TATA STEEL and VEDANTA LTD.

In the meantime, NSE Nifty is at 10,911 (down 0.5%). JSW STEEL (up 3.9%) and ZEE ENTERTAINMENT (up 3.9%) are 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 5.4%).

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 10.1x.