RELIANCE CAPITAL Plunges by 5%; BSE 500 Index Down 0.2%
July 15, 2019 11:42 AM

RELIANCE CAPITAL share price has plunged 5% and is presently trading at Rs 59.

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

Among the top losers in the BSE 500 Index today are RELIANCE CAPITAL (down 5.0%) and LAKSHMI MACHINE (down 5.0%).

INFOSYS (up 5.9%) and PIRAMAL ENTERPRISES (up 5.6%) are among the top gainers today.

Over the last one year, RELIANCE CAPITAL has moved down from Rs 374 to Rs 59, registering a loss of Rs 315 (down 84.3%)..

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 220.8%), VINATI ORGANICS (up 113.8%) 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 5.9%). 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%).

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 1.7x.