DCM SHRIRAM Plunges by 6%; BSE 500 Index Down 1.5%
August 5, 2019 12 pm

DCM SHRIRAM share price has plunged 6% and is presently trading at Rs 402.

Meanwhile, the BSE 500 Index is at 14,088 (down 1.5%).

Among the top losers in the BSE 500 Index today are DCM SHRIRAM (down 6.1%) and V-MART RETAIL (down 7.4%).

JAIPRAKASH ASSO. (up 5.6%) and JET AIRWAYS (up 4.9%) are among the top gainers today.

Over the last one year, DCM SHRIRAM has moved up from Rs 328 to Rs 402, registering a gain of Rs 75 (up 22.8%)..

The BSE 500 has moved down from 15,220 to 14,088, loss of 1,132 points (down 7.4%) during the last 12 months.

The top gainers among the BSE 500 Index stocks during this same period were PROCTER & GAMBLE HEALTH (up 110.5%), ADANI POWER (up 95.0%) and VINATI ORGANICS (up 89.1%).

What About the Benchmark Indices?

The BSE Sensex is at 36,844 (down 1.5%). The top gainers among the BSE Sensex stocks today are TCS (up 1.6%). The most traded stocks in the BSE Sensex are BHARTI AIRTEL and INFOSYS.

In the meantime, NSE Nifty is at 10,896 (down 1.4%). TCS (up 1.8%) and COAL INDIA (up 1.3%) are among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 37,165 to 36,844, registering a gain of -321 points (up -1.6%).

DCM SHRIRAM Financial Update...

DCM SHRIRAM net profit down at Rs 2 billion for the quarter ended June 2019, compared to a loss of Rs 2 billion a year ago. Net Sales declined 10.1% to Rs 19.0 billion during the period as against Rs 21.2 billion in April-June 2018.

For the year ended March 2018, DCM SHRIRAM reported 21.1% increase in net profit to Rs 6.7 billion compared to net profit of Rs 5.5 billion during FY17.

Revenue of the company grew 14.5% to Rs 70 billion during FY18.

The current Price to earnings ratio of DCM SHRIRAM, based on rolling 12 month earnings, stands at 7.1x.