RELIANCE CAPITAL Plunges by 5%; BSE 500 Index Down 0.5%
June 6, 2019 10:36 AM

RELIANCE CAPITAL share price has plunged 5% and is presently trading at Rs 121.

Meanwhile, the BSE 500 Index is at 15,655 (down 0.5%).

Among the top losers in the BSE 500 Index today are RELIANCE CAPITAL (down 5.0%) and GAIL (down 9.4%).

POWER FINANCE CORPORATION (up 4.0%) and CAPLIN POINT (up 3.4%) are among the top gainers today.

Over the last one year, RELIANCE CAPITAL has moved down from Rs 407 to Rs 121, registering a loss of Rs 285 (down 70.2%)..

The BSE 500 has moved up from 14,550 to 15,655, registering a gain of 1,105 points (up 7.6%) during the last 12 months.

The top gainers among the BSE 500 Index stocks during this same period were ADANI POWER (up 168.1%), VINATI ORGANICS (up 111.5%) and DCM SHRIRAM (up 99.3%).

What About the Benchmark Indices?

The BSE Sensex is at 40,159 (down 0.3%). The top gainers among the BSE Sensex stocks today are ASIAN PAINTS (up 2.5%). The most traded stocks in the BSE Sensex are POWER GRID and INFOSYS.

In the meantime, NSE Nifty is at 12,040 (down 0.5%). ASIAN PAINTS (up 2.4%) and POWER GRID (up 2.0%) are among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 35,012 to 40,159, registering a gain of 5,147 points (up 14.1%).

RELIANCE CAPITAL Financial Update...

RELIANCE CAPITAL net profit down at Rs 2 billion for the quarter ended December 2018, compared to a loss of Rs 3 billion a year ago. Net Sales rose 5.3% to Rs 50.0 billion during the period as against Rs 47.5 billion in October-December 2017.

For the year ended March 2018, RELIANCE CAPITAL reported 1.0% decrease in net profit to Rs 12.3 billion compared to net profit of Rs 12.5 billion during FY17.

Revenue of the company grew 13.5% to Rs 199 billion during FY18.

The current Price to earnings ratio of RELIANCE CAPITAL, based on rolling 12 month earnings, stands at 3.6x.