JAGRAN PRAKASHAN Plunges by 6%; BSE 500 Index Down 0.2%
August 1, 2019 09:20 AM

JAGRAN PRAKASHAN share price has plunged 6% and is presently trading at Rs 89.

Meanwhile, the BSE 500 Index is at 14,297 (down 0.2%).

Among the top losers in the BSE 500 Index today are JAGRAN PRAKASHAN (down 5.6%) and GE T&D INDIA (down 6.0%).

TEJAS NETWORKS LTD (up 10.0%) and BIRLA CORPORATION (up 8.0%) are among the top gainers today.

Over the last one year, JAGRAN PRAKASHAN has moved down from Rs 117 to Rs 89, registering a loss of Rs 28 (down 24.1%)..

The BSE 500 has moved down from 15,315 to 14,297, loss of 1,018 points (down 6.6%) during the last 12 months.

The top gainers among the BSE 500 Index stocks during this same period were PROCTER & GAMBLE HEALTH (up 109.1%), ADANI POWER (up 94.9%) and VINATI ORGANICS (up 87.3%).

What About the Benchmark Indices?

The BSE Sensex is at 37,387 (down 0.3%). The top gainers among the BSE Sensex stocks today are TATA MOTORS DVR (up 0.7%). The most traded stocks in the BSE Sensex are ONGC and TATA MOTORS.

In the meantime, NSE Nifty is at 11,060 (down 0.5%). WIPRO (up 2.3%) and POWER GRID (up 0.5%) are among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 37,607 to 37,387, registering a gain of -220 points (up -0.6%).

JAGRAN PRAKASHAN Financial Update...

JAGRAN PRAKASHAN net profit stood at Rs 703 million for the quarter ended March 2019, compared to a profit of Rs 702 million a year ago. Net Sales declined 3.4% to Rs 5.9 billion during the period as against Rs 6.1 billion in January-March 2018.

For the year ended March 2018, JAGRAN PRAKASHAN reported 11.0% decrease in net profit to Rs 3.1 billion compared to net profit of Rs 3.5 billion during FY17.

Revenue of the company grew 0.9% to Rs 23 billion during FY18.

The current Price to earnings ratio of JAGRAN PRAKASHAN, based on rolling 12 month earnings, stands at 9.5x.