PTC INDIA LTD Surges by 10%; BSE POWER Index Up 0.4%
February 21, 2019 09:20 AM

PTC INDIA LTD share price has zoomed 10% and is presently trading at Rs 85.

Meanwhile, the BSE POWER Index is at 1,794 (up 0.4%).

Among the top Gainers in the BSE POWER Index today is PTC INDIA LTD (up 10.5%).

JSW ENERGY (down 0.5%) and THERMAX LTD (down 0.8%) are among the top losers today.

Over the last one year, PTC INDIA LTD has moved down from Rs 100 to Rs 85, registering a loss of Rs 15 (down 17.8%).

On the other hand, the BSE POWER has moved down from 2,214 to 1,794, loss of 420 points (down 19.0%) during the last 12 months.

The top gainers among the BSE POWER Index stocks during this same period were ADANI POWER (up 27.4%) and ADANI TRANSMISSION (up 9.8%).

What About the Benchmark Indices?

The BSE Sensex is at 35,837 (up 0.2%).

The top gainers among the BSE Sensex stocks today are TATA MOTORS DVR (up 1.3%), ONGC (up 1.3%) and HERO MOTOCORP (up 1.1%). Other gainers include HDFC BANK (up 1.1%) and VEDANTA LTD (up 1.0%). The most traded stocks in the BSE Sensex are HDFC BANK and HERO MOTOCORP.

In the meantime, NSE Nifty is at 10,747 . ONGC (up 1.2%) is among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 33,704 to 35,837, registering a gain of 2,133 points (up 6.3%).

PTC INDIA LTD Financial Update...

PTC INDIA LTD net profit down at Rs 513 million for the quarter ended December 2018, compared to a loss of Rs 589 million a year ago. Net Sales declined 34.9% to Rs 29.2 billion during the period as against Rs 44.9 billion in October-December 2017.

For the year ended March 2018, PTC INDIA LTD reported 20.1% decrease in net profit to Rs 4.0 billion compared to net profit of Rs 5.1 billion during FY17.

Revenue of the company grew 28.3% to Rs 196 billion during FY18.

The current Price to earnings ratio of PTC INDIA LTD, based on rolling 12 month earnings, stands at 8.9x.