DELTA CORP. Plunges by 6%; BSE 500 Index Down 1.2%
August 1, 2019 01:12 PM

DELTA CORP. share price has plunged 6% and is presently trading at Rs 153.

Meanwhile, the BSE 500 Index is at 14,297 (down 1.2%).

Among the top losers in the BSE 500 Index today are DELTA CORP. (down 6.3%) and PFIZER (down 5.8%).

RELIANCE INFRA (up 11.2%) and TRENT LTD (up 6.8%) are among the top gainers today.

Over the last one year, DELTA CORP. has moved down from Rs 256 to Rs 153, registering a loss of Rs 103 (down 40.1%)..

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 110.0%), VINATI ORGANICS (up 90.5%) and ADANI POWER (up 89.5%).

What About the Benchmark Indices?

The BSE Sensex is at 37,387 (down 1.3%). The top gainers among the BSE Sensex stocks today are POWER GRID (up 2.3%), MARUTI SUZUKI (up 1.0%) and HUL (up 0.3%). Other gainer include NTPC (up 0.2%). The most traded stocks in the BSE Sensex are POWER GRID and NTPC.

In the meantime, NSE Nifty is at 11,077 (down 1.3%). POWER GRID (up 2.4%) and WIPRO (up 1.8%) 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 -1.6%).

DELTA CORP. Financial Update...

DELTA CORP. net profit down at Rs 424 million for the quarter ended June 2019, compared to a loss of Rs 504 million a year ago. Net Sales declined 9.4% to Rs 1.9 billion during the period as against Rs 2.1 billion in April-June 2018.

For the year ended March 2018, DELTA CORP. reported 121.3% increase in net profit to Rs 1.5 billion compared to net profit of Rs 698.0 million during FY17.

Revenue of the company grew 33.7% to Rs 6 billion during FY18.

The current Price to earnings ratio of DELTA CORP., based on rolling 12 month earnings, stands at 19.3x.