VODAFONE IDEA Plunges by 5%; BSE 500 Index Down 0.1%
March 20, 2019 12:20 PM

VODAFONE IDEA share price has plunged 5% and is presently trading at Rs 32.

Meanwhile, the BSE 500 Index is at 15,193 (down 0.1%).

Among the top losers in the BSE 500 Index today are VODAFONE IDEA (down 5.5%) and JUBILANT LIFE SCIENCES (down 5.9%).

RELIANCE COMMUNICATIONS (up 10.0%) and SPICEJET (up 5.3%) are among the top gainers today.

Over the last one year, VODAFONE IDEA has moved down from Rs 78 to Rs 32, registering a loss of Rs 45 (down 58.2%)..

The BSE 500 has moved up from 14,101 to 15,193, registering a gain of 1,092 points (up 7.7%) during the last 12 months.

The top gainers among the BSE 500 Index stocks during this same period were VINATI ORGANICS (up 105.9%), BATA INDIA (up 100.3%) and ADANI POWER (up 89.1%).

What About the Benchmark Indices?

The BSE Sensex is at 38,476 (up 0.1%). The top gainers among the BSE Sensex stocks today are INFOSYS (up 2.4%). The most traded stocks in the BSE Sensex are INFOSYS and L&T.

In the meantime, NSE Nifty is at 11,556 (down 0.1%). INDIABULLS HOU. FIN. (up 3.2%) and INFOSYS (up 2.2%) are among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 32,923 to 38,476, registering a gain of 5,553 points (up 16.6%).

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 10.5x.