GREAVES COTTON Plunges by 6%; BSE CAPITAL GOODS Index Down 0.7%
August 2, 2019 10:12 AM

GREAVES COTTON share price has plunged 6% and is presently trading at Rs 127.

Meanwhile, the BSE CAPITAL GOODS Index is at 17,225 (down 0.7%).

Among the top losers in the BSE CAPITAL GOODS Index today is GREAVES COTTON (down 5.9%).

SADBHAV ENGINEERING (up 2.2%) is among the top gainer today.

Over the last one year, GREAVES COTTON has moved down from Rs 146 to Rs 127, registering a loss of Rs 19 (down 13.2%)..

The BSE CAPITAL GOODS has moved down from 18,280 to 17,225, loss of 1,055 points (down 5.8%) during the last 12 months.

The top gainers among the BSE CAPITAL GOODS Index stocks during this same period were KALPATARU POWER (up 20.9%), HONEYWELL AUTOMATION (up 16.9%) and SIEMENS (up 11.1%).

What About the Benchmark Indices?

The BSE Sensex is at 36,920 (down 1.0%). The top gainers among the BSE Sensex stocks today are BHARTI AIRTEL (up 3.3%), ASIAN PAINTS (up 0.9%) and INFOSYS (up 0.7%). Other gainer include TCS (up 0.2%). The most traded stocks in the BSE Sensex are BHARTI AIRTEL and TCS.

In the meantime, NSE Nifty is at 10,935 (down 1.1%). BHARTI AIRTEL (up 3.5%) is among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 37,522 to 36,920, registering a gain of -602 points (up -2.3%).

GREAVES COTTON Financial Update...

GREAVES COTTON net profit down at Rs 374 million for the quarter ended March 2019, compared to a loss of Rs 427 million a year ago. Net Sales rose 4.3% to Rs 5.3 billion during the period as against Rs 5.1 billion in January-March 2018.

For the year ended March 2018, GREAVES COTTON reported 13.2% decrease in net profit to Rs 1.5 billion compared to net profit of Rs 1.8 billion during FY17.

Revenue of the company grew 1.1% to Rs 18 billion during FY18.

The current Price to earnings ratio of GREAVES COTTON, based on rolling 12 month earnings, stands at 17.4x.