CERA SANITARY Plunges by 8%; BSE 500 Index Down 0.2%
July 15, 2019 11:40 AM

CERA SANITARY share price has plunged 8% and is presently trading at Rs 2,898.

Meanwhile, the BSE 500 Index is at 15,055 (down 0.2%).

Among the top losers in the BSE 500 Index today are CERA SANITARY (down 7.8%) and LAKSHMI MACHINE (down 5.6%).

TEJAS NETWORKS LTD (up 6.0%) and INFOSYS (up 6.0%) are among the top gainers today.

Over the last one year, CERA SANITARY has moved up from Rs 2,729 to Rs 2,898, registering a gain of Rs 169 (up 6.2%)..

The BSE 500 has moved up from 14,882 to 15,055, registering a gain of 173 points (up 1.2%) during the last 12 months.

The top gainers among the BSE 500 Index stocks during this same period were ADANI POWER (up 221.0%), VINATI ORGANICS (up 113.3%) and PROCTER & GAMBLE HEALTH (up 92.3%).

What About the Benchmark Indices?

The BSE Sensex is at 39,024 (up 0.1%). The top gainers among the BSE Sensex stocks today are INFOSYS (up 6.0%). The most traded stocks in the BSE Sensex are YES BANK and INFOSYS.

In the meantime, NSE Nifty is at 11,618 . INFOSYS (up 6.1%) and YES BANK (up 2.4%) are among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 36,548 to 39,024, registering a gain of 2,476 points (up 6.1%).

CERA SANITARY Financial Update...

CERA SANITARY net profit stood at Rs 380 million for the quarter ended March 2019, compared to a profit of Rs 284 million a year ago. Net Sales rose 29.6% to Rs 4.1 billion during the period as against Rs 3.2 billion in January-March 2018.

For the year ended March 2018, CERA SANITARY reported 6.0% increase in net profit to Rs 1.1 billion compared to net profit of Rs 1.0 billion during FY17.

Revenue of the company grew 12.7% to Rs 12 billion during FY18.

The current Price to earnings ratio of CERA SANITARY, based on rolling 12 month earnings, stands at 30.1x.