RELIANCE INFRA Surges by 5%; BSE POWER Index Up 0.1%
July 26, 2019 10:56 AM

RELIANCE INFRA share price has zoomed 5% and is presently trading at Rs 50.

Meanwhile, the BSE POWER Index is at 2,008 (up 0.1%).

Among the top Gainers in the BSE POWER Index today are RELIANCE INFRA (up 5.4%) and SUZLON ENERGY (up 16.0%).

KALPATARU POWER (down 0.4%) and JSW ENERGY (down 0.4%) are among the top losers today.

Over the last one year, RELIANCE INFRA has moved down from Rs 398 to Rs 50, registering a loss of Rs 348 (down 87.5%).

On the other hand, the BSE POWER has moved up from 1,917 to 2,008, registering a gain of 91 points (up 4.5%) during the last 12 months.

The top gainers among the BSE POWER Index stocks during this same period were ADANI POWER (up 135.8%), KALPATARU POWER (up 29.5%) and ADANI TRANSMISSION (up 26.1%).

What About the Benchmark Indices?

The BSE Sensex is at 37,888 .

The top gainers among the BSE Sensex stocks today are BAJAJ FINANCE (up 4.4%), YES BANK (up 4.0%) and TATA MOTORS (up 3.3%). Other gainers include TATA MOTORS DVR (up 3.2%) and HERO MOTOCORP (up 2.4%). The most traded stocks in the BSE Sensex are YES BANK and TATA MOTORS.

In the meantime, NSE Nifty is at 11,268 (up 0.1%). BAJAJ FINANCE (up 4.3%) and BAJAJ FINSERV (up 4.1%) are among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 36,858 to 37,888, registering a gain of 1,030 points (up 2.6%).

RELIANCE INFRA Financial Update...

RELIANCE INFRA net profit down at Rs 22 billion for the quarter ended March 2019, compared to a loss of Rs 2 billion a year ago. Net Sales declined 2.5% to Rs 40.1 billion during the period as against Rs 41.2 billion in January-March 2018.

For the year ended March 2018, RELIANCE INFRA reported 468.4% decrease in net profit to Rs 3.6 billion compared to net loss of Rs 966.0 million during FY17.

Revenue of the company grew 3.7% to Rs 254 billion during FY18.

The current Price to earnings ratio of RELIANCE INFRA, based on rolling 12 month earnings, stands at down 0.2x.