RELIANCE CAPITAL Plunges by 6%; BSE 500 Index Up 0.4%
July 1, 2019 09:46 AM

RELIANCE CAPITAL share price has plunged 6% and is presently trading at Rs 66.

Meanwhile, the BSE 500 Index is at 15,383 (up 0.4%).

Among the top losers in the BSE 500 Index today are RELIANCE CAPITAL (down 6.0%) and EVEREADY IND. (down 5.0%).

SADBHAV ENGINEERING (up 6.1%) and JET AIRWAYS (up 5.0%) are among the top gainers today.

Over the last one year, RELIANCE CAPITAL has moved down from Rs 390 to Rs 66, registering a loss of Rs 323 (down 82.9%)..

The BSE 500 has moved up from 14,337 to 15,383, registering a gain of 1,046 points (up 7.3%) during the last 12 months.

The top gainers among the BSE 500 Index stocks during this same period were ADANI POWER (up 231.2%), VINATI ORGANICS (up 127.3%) and DCM SHRIRAM (up 103.3%).

What About the Benchmark Indices?

The BSE Sensex is at 39,649 (up 0.5%). The top gainers among the BSE Sensex stocks today are NTPC (up 1.8%). The most traded stocks in the BSE Sensex are YES BANK and NTPC.

In the meantime, NSE Nifty is at 11,861 (up 0.5%). DR. REDDYS LAB (up 2.3%) and EICHER MOTOR (up 1.7%) are among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 35,038 to 39,649, registering a gain of 4,611 points (up 13.0%).

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 1.9x.