PC JEWELLER Surges by 12%; BSE 500 Index Up 0.7%

April 16, 2019 10:44 AM

PC JEWELLER share price has zoomed 12% and is presently trading at Rs 144.

Meanwhile, the BSE 500 Index is at 15,500 (up 0.7%).

Among the top Gainers in the BSE 500 Index today is PC JEWELLER (up 11.8%).

JSW STEEL and VINATI ORGANICS are among the top losers today.

Over the last one year, PC JEWELLER has moved down from Rs 301 to Rs 144, registering a loss of Rs 157 (down 53.1%).

On the other hand, the BSE 500 has moved up from 14,751 to 15,500, registering a gain of 749 points (up 5.1%) during the last 12 months.

The top gainers among the BSE 500 Index stocks during this same period were ADANI POWER (up 109.1%), BALRAMPUR CHINI (up 91.5%) and VINATI ORGANICS (up 83.0%).

What About the Benchmark Indices?

The BSE Sensex is at 39,278 (up 0.9%).

The top gainers among the BSE Sensex stocks today are ICICI BANK (up 3.0%), ASIAN PAINTS (up 1.9%) and L&T (up 1.9%). Other gainers include TCS (up 1.7%) and INDUSIND BANK (up 1.3%). The most traded stocks in the BSE Sensex are SBI and ICICI BANK.

In the meantime, NSE Nifty is at 11,787 (up 0.8%). ICICI BANK (up 3.1%) is among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 34,305 to 39,278, registering a gain of 4,973 points (up 14.5%).

PC JEWELLER Financial Update...

PC JEWELLER net profit down at Rs 1 billion for the quarter ended December 2018, compared to a loss of Rs 2 billion a year ago. Net Sales declined 19.9% to Rs 21.2 billion during the period as against Rs 26.4 billion in October-December 2017.

For the year ended March 2018, PC JEWELLER reported 27.2% increase in net profit to Rs 5.4 billion compared to net profit of Rs 4.2 billion during FY17.

Revenue of the company grew 13.4% to Rs 96 billion during FY18.

The current Price to earnings ratio of PC JEWELLER, based on rolling 12 month earnings, stands at 11.3x.