VINATI ORG. Plunges by 5%; BSE 500 Index Down 0.1%
February 27, 2019 03:28 PM

VINATI ORG. share price has plunged 5% and is presently trading at Rs 1,560.

Meanwhile, the BSE 500 Index is at 14,356 (down 0.1%).

Among the top losers in the BSE 500 Index today are VINATI ORG. (down 5.3%) and TEAMLEASE SERVICES (down 5.8%).

LAKSHMI VILAS BANK (up 9.7%) and ALLAHABAD BANK (up 7.0%) are among the top gainers today.

Over the last one year, VINATI ORG. has moved up from Rs 776 to Rs 1,560, registering a gain of Rs 784 (up 101.1%)..

The BSE 500 has moved down from 14,774 to 14,356, loss of 418 points (down 2.8%) during the last 12 months.

The top gainers among the BSE 500 Index stocks during this same period were VINATI ORG. (up 87.5%), BATA INDIA (up 78.2%) and V-MART RETAIL (up 60.2%).

What About the Benchmark Indices?

The BSE Sensex is at 36,371 (down 0.2%). The top gainers among the BSE Sensex stocks today are BAJAJ AUTO (up 1.7%). The most traded stocks in the BSE Sensex are POWER GRID and SBI.

In the meantime, NSE Nifty is at 10,940 (down 0.3%). ULTRATECH CEMENT (up 2.8%) and BHARTI AIRTEL (up 1.9%) are among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 34,446 to 36,371, registering a gain of 1,925 points (up 4.2%).

VINATI ORG. Financial Update...

VINATI ORG. net profit stood at Rs 707 million for the quarter ended December 2018, compared to a profit of Rs 317 million a year ago. Net Sales rose 63.2% to Rs 3.0 billion during the period as against Rs 1.9 billion in October-December 2017.

For the year ended March 2018, VINATI ORG. reported 2.6% increase in net profit to Rs 1.4 billion compared to net profit of Rs 1.4 billion during FY17.

Revenue of the company grew 10.9% to Rs 8 billion during FY18.

The current Price to earnings ratio of VINATI ORG., based on rolling 12 month earnings, stands at 29.7x.