EDELWEISS FINANCIAL Plunges by 5%; BSE 500 Index Down 1.0%
April 22, 2019 01:18 PM

EDELWEISS FINANCIAL share price has plunged 5% and is presently trading at Rs 180.

Meanwhile, the BSE 500 Index is at 15,421 (down 1.0%).

Among the top losers in the BSE 500 Index today are EDELWEISS FINANCIAL (down 5.0%) and INDIABULLS HOU. FIN. (down 6.0%).

RAJESH EXPORTS (up 4.8%) and ALEMBIC PHARMA (up 4.8%) are among the top gainers today.

Over the last one year, EDELWEISS FINANCIAL has moved down from Rs 273 to Rs 180, registering a loss of Rs 94 (down 34.3%)..

The BSE 500 has moved up from 14,760 to 15,421, registering a gain of 661 points (up 4.5%) during the last 12 months.

The top gainers among the BSE 500 Index stocks during this same period were BALRAMPUR CHINI (up 102.6%), ADANI POWER (up 102.3%) and VINATI ORGANICS (up 92.0%).

What About the Benchmark Indices?

The BSE Sensex is at 39,158 (down 0.9%). The top gainers among the BSE Sensex stocks today are TCS (up 1.2%). The most traded stocks in the BSE Sensex are TATA MOTORS and WIPRO.

In the meantime, NSE Nifty is at 11,727 (down 1.0%). TCS (up 0.9%) and WIPRO (up 0.9%) are among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 34,332 to 39,158, registering a gain of 4,826 points (up 13.0%).

EDELWEISS FINANCIAL Financial Update...

EDELWEISS FINANCIAL net profit stood at Rs 3 billion for the quarter ended December 2018, compared to a profit of Rs 2 billion a year ago. Net Sales rose 34.1% to Rs 27.8 billion during the period as against Rs 20.7 billion in October-December 2017.

For the year ended March 2018, EDELWEISS FINANCIAL reported 56.5% increase in net profit to Rs 8.6 billion compared to net profit of Rs 5.5 billion during FY17.

Revenue of the company grew 30.2% to Rs 86 billion during FY18.

The current Price to earnings ratio of EDELWEISS FINANCIAL, based on rolling 12 month earnings, stands at 14.9x.