June 27, 2019 01:20 PM

JAIN IRRIGATION share price has plunged 8% and is presently trading at Rs 30.

Meanwhile, the BSE CAPITAL GOODS Index is at 19,978 (up 0.6%).

Among the top losers in the BSE CAPITAL GOODS Index today is JAIN IRRIGATION (down 7.9%).

SIEMENS (up 2.7%) and GRAPHITE INDIA (up 2.4%) are among the top gainers today.

Over the last one year, JAIN IRRIGATION has moved down from Rs 91 to Rs 30, registering a loss of Rs 61 (down 67.1%)..

The BSE CAPITAL GOODS has moved up from 17,510 to 19,978, registering a gain of 2,468 points (up 14.1%) during the last 12 months.

The top gainers among the BSE CAPITAL GOODS Index stocks during this same period were HAVELLS IND (up 47.7%), ABB INDIA (up 36.6%) and HONEYWELL AUTOMATION (up 33.7%).

What About the Benchmark Indices?

The BSE Sensex is at 39,796 (up 0.5%). The top gainers among the BSE Sensex stocks today are TATA MOTORS DVR (up 4.2%). The most traded stocks in the BSE Sensex are TATA MOTORS and ASIAN PAINTS.

In the meantime, NSE Nifty is at 11,907 (up 0.4%). INDIABULLS HOU. FIN. (up 3.7%) is among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 35,490 to 39,796, registering a gain of 4,306 points (up 12.1%).

JAIN IRRIGATION Financial Update...

JAIN IRRIGATION net profit down at Rs 555 million for the quarter ended March 2019, compared to a loss of Rs 911 million a year ago. Net Sales rose 26.8% to Rs 25.8 billion during the period as against Rs 20.4 billion in January-March 2018.

For the year ended March 2018, JAIN IRRIGATION reported 25.6% increase in net profit to Rs 2.2 billion compared to net profit of Rs 1.8 billion during FY17.

Revenue of the company grew 15.3% to Rs 80 billion during FY18.

The current Price to earnings ratio of JAIN IRRIGATION, based on rolling 12 month earnings, stands at 5.3x.