DELTA CORP. Plunges by 10%; BSE 500 Index Up 0.9%
May 17, 2019 02:12 PM

DELTA CORP. share price has plunged 10% and is presently trading at Rs 190.

Meanwhile, the BSE 500 Index is at 14,747 (up 0.9%).

Among the top losers in the BSE 500 Index today are DELTA CORP. (down 9.7%) and BLUE DART EXPRESS (down 6.3%).

CHAMBAL FERTILISERS (up 11.3%) and CAPLIN POINT (up 7.2%) are among the top gainers today.

Over the last one year, DELTA CORP. has moved down from Rs 239 to Rs 190, registering a loss of Rs 48 (down 20.3%)..

The BSE 500 has moved down from 14,801 to 14,747, loss of 54 points (down 0.4%) during the last 12 months.

The top gainers among the BSE 500 Index stocks during this same period were BALRAMPUR CHINI (up 141.1%), DCM SHRIRAM (up 129.4%) and VINATI ORGANICS (up 89.8%).

What About the Benchmark Indices?

The BSE Sensex is at 37,877 (up 1.1%). The top gainers among the BSE Sensex stocks today are BAJAJ FINANCE (up 5.2%). The most traded stocks in the BSE Sensex are YES BANK and ICICI BANK.

In the meantime, NSE Nifty is at 11,394 (up 1.0%). BAJAJ FINANCE (up 5.1%) and BAJAJ FINSERV (up 4.4%) are among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 35,388 to 37,877, registering a gain of 2,489 points (up 6.8%).

DELTA CORP. Financial Update...

DELTA CORP. net profit stood at Rs 573 million for the quarter ended March 2019, compared to a profit of Rs 504 million a year ago. Net Sales declined 0.7% to Rs 2.0 billion during the period as against Rs 2.1 billion in January-March 2018.

For the year ended March 2018, DELTA CORP. reported 121.3% increase in net profit to Rs 1.5 billion compared to net profit of Rs 698.0 million during FY17.

Revenue of the company grew 33.7% to Rs 6 billion during FY18.

The current Price to earnings ratio of DELTA CORP., based on rolling 12 month earnings, stands at 23.0x.