PC JEWELLER Plunges by 6%; BSE 500 Index Up 0.2%
June 11, 2019 09:24 AM

PC JEWELLER share price has plunged 6% and is presently trading at Rs 55.

Meanwhile, the BSE 500 Index is at 15,502 (up 0.2%).

Among the top losers in the BSE 500 Index today are PC JEWELLER (down 5.7%) and INDIABULLS HOU. FIN. (down 5.7%).

STERLITE TECH. (up 8.4%) and KPR MILL (up 2.7%) are among the top gainers today.

Over the last one year, PC JEWELLER has moved down from Rs 146 to Rs 55, registering a loss of Rs 91 (down 62.5%)..

The BSE 500 has moved up from 14,794 to 15,502, registering a gain of 708 points (up 4.8%) during the last 12 months.

The top gainers among the BSE 500 Index stocks during this same period were ADANI POWER (up 141.9%), VINATI ORGANICS (up 110.9%) and DCM SHRIRAM (up 93.2%).

What About the Benchmark Indices?

The BSE Sensex is at 39,927 (up 0.3%). The top gainers among the BSE Sensex stocks today are INDUSIND BANK (up 1.4%). The most traded stocks in the BSE Sensex are TATA MOTORS and SBI.

In the meantime, NSE Nifty is at 11,960 (up 0.1%). ONGC (up 1.2%) and INDUSIND BANK (up 1.2%) are among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 35,483 to 39,927, registering a gain of 4,444 points (up 12.4%).

PC JEWELLER Financial Update...

PC JEWELLER net profit down at Rs 4 billion for the quarter ended March 2019, compared to a loss of Rs 1 billion a year ago. Net Sales rose 3.4% to Rs 21.9 billion during the period as against Rs 21.2 billion in January-March 2018.

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 down 738.6x.