RELIANCE CAPITAL Plunges by 5%; BSE 500 Index Down 0.4%
June 14, 2019 09:50 AM

RELIANCE CAPITAL share price has plunged 5% and is presently trading at Rs 84.

Meanwhile, the BSE 500 Index is at 15,446 (down 0.4%).

Among the top losers in the BSE 500 Index today are RELIANCE CAPITAL (down 5.2%) and GRUH FINANCE (down 6.6%).

NARAYANA HRUDAYALAYA LTD (up 4.0%) and PC JEWELLER (up 4.0%) are among the top gainers today.

Over the last one year, RELIANCE CAPITAL has moved down from Rs 426 to Rs 84, registering a loss of Rs 342 (down 80.3%)..

The BSE 500 has moved up from 14,878 to 15,446, registering a gain of 568 points (up 3.8%) during the last 12 months.

The top gainers among the BSE 500 Index stocks during this same period were ADANI POWER (up 151.0%), VINATI ORGANICS (up 101.4%) and BATA INDIA (up 86.4%).

What About the Benchmark Indices?

The BSE Sensex is at 39,800 (down 0.4%). The top gainers among the BSE Sensex stocks today are POWER GRID (up 1.0%). The most traded stocks in the BSE Sensex are POWER GRID and TATA STEEL.

In the meantime, NSE Nifty is at 11,912 (down 0.5%). POWER GRID (up 0.8%) and WIPRO (up 0.7%) are among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 35,739 to 39,800, registering a gain of 4,061 points (up 10.8%).

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 2.5x.