ESCORTS Surges by 5%; BSE AUTO Index Up 1.8%
June 20, 2019 02:48 PM

ESCORTS share price has zoomed 5% and is presently trading at Rs 551.

Meanwhile, the BSE AUTO Index is at 17,877 (up 1.8%).

Among the top Gainers in the BSE AUTO Index today is ESCORTS (up 5.2%).

EICHER MOTOR (down 0.4%) is among the top loser today.

Over the last one year, ESCORTS has moved down from Rs 896 to Rs 551, registering a loss of Rs 345 (down 38.5%).

On the other hand, the BSE AUTO has moved down from 24,667 to 17,877, loss of 6,790 points (down 27.5%) during the last 12 months.

The top gainers among the BSE AUTO Index stocks during this same period were CUMMINS INDIA (up 9.0%) and BAJAJ AUTO (up 1.6%).

What About the Benchmark Indices?

The BSE Sensex is at 39,471 (up 0.9%).

The top gainers among the BSE Sensex stocks today are YES BANK (up 9.2%), SUN PHARMA (up 3.7%) and INDUSIND BANK (up 3.2%). Other gainers include ICICI BANK (up 2.8%) and TATA MOTORS DVR (up 2.6%). The most traded stocks in the BSE Sensex are YES BANK and TATA MOTORS.

In the meantime, NSE Nifty is at 11,794 (up 0.8%). YES BANK (up 8.7%) is among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 35,287 to 39,471, registering a gain of 4,184 points (up 11.9%).

ESCORTS Financial Update...

ESCORTS net profit down at Rs 1 billion for the quarter ended March 2019, compared to a loss of Rs 1 billion a year ago. Net Sales declined 1.4% to Rs 16.3 billion during the period as against Rs 16.6 billion in January-March 2018.

For the year ended March 2018, ESCORTS reported 92.5% increase in net profit to Rs 3.5 billion compared to net profit of Rs 1.8 billion during FY17.

Revenue of the company grew 20.4% to Rs 51 billion during FY18.

The current Price to earnings ratio of ESCORTS, based on rolling 12 month earnings, stands at 14.0x.