SUPRAJIT ENGINEERING Plunges by 5%; BSE 500 Index Down 0.2%
May 28, 2019 02:48 PM

SUPRAJIT ENGINEERING share price has plunged 5% and is presently trading at Rs 224.

Meanwhile, the BSE 500 Index is at 15,574 (down 0.2%).

Among the top losers in the BSE 500 Index today are SUPRAJIT ENGINEERING (down 5.0%) and FDC LTD. (down 7.1%).

RELIANCE POWER (up 9.0%) and GATEWAY DISTRIPARKS (up 8.1%) are among the top gainers today.

Over the last one year, SUPRAJIT ENGINEERING has moved down from Rs 279 to Rs 224, registering a loss of Rs 55 (down 19.7%)..

The BSE 500 has moved up from 14,765 to 15,574, registering a gain of 809 points (up 5.5%) during the last 12 months.

The top gainers among the BSE 500 Index stocks during this same period were ADANI POWER (up 142.6%), DCM SHRIRAM (up 114.1%) and BALRAMPUR CHINI (up 110.1%).

What About the Benchmark Indices?

The BSE Sensex is at 39,785 (down 0.3%). The top gainers among the BSE Sensex stocks today are YES BANK (up 3.3%). The most traded stocks in the BSE Sensex are YES BANK and VEDANTA LTD.

In the meantime, NSE Nifty is at 11,959 (down 0.3%). ZEE ENTERTAINMENT (up 4.7%) and YES BANK (up 3.4%) are among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 35,165 to 39,785, registering a gain of 4,620 points (up 12.5%).

SUPRAJIT ENGINEERING Financial Update...

SUPRAJIT ENGINEERING net profit stood at Rs 392 million for the quarter ended December 2018, compared to a profit of Rs 261 million a year ago. Net Sales rose 59.4% to Rs 4.1 billion during the period as against Rs 2.5 billion in October-December 2017.

For the year ended March 2018, SUPRAJIT ENGINEERING reported 20.2% increase in net profit to Rs 1.4 billion compared to net profit of Rs 1.2 billion during FY17.

Revenue of the company grew 12.3% to Rs 15 billion during FY18.

The current Price to earnings ratio of SUPRAJIT ENGINEERING, based on rolling 12 month earnings, stands at 24.6x.