PTC INDIA LTD Surges by 5%; BSE POWER Index Up 1.0%
August 8, 2019 03:06 PM

PTC INDIA LTD share price has zoomed 5% and is presently trading at Rs 58.

Meanwhile, the BSE POWER Index is at 1,926 (up 1.0%).

Among the top Gainers in the BSE POWER Index today are PTC INDIA LTD (up 5.0%) and THERMAX (up 5.2%).

ADANI POWER (down 0.1%) and ABB INDIA (down 0.3%) are among the top losers today.

Over the last one year, PTC INDIA LTD has moved down from Rs 84 to Rs 58, registering a loss of Rs 26 (down 30.8%).

On the other hand, the BSE POWER has moved down from 1,994 to 1,926, loss of 68 points (down 3.6%) during the last 12 months.

The top gainers among the BSE POWER Index stocks during this same period were ADANI POWER (up 98.7%), TORRENT POWER LTD (up 25.7%) and KALPATARU POWER (up 23.0%).

What About the Benchmark Indices?

The BSE Sensex is at 37,261 (up 1.4%).

The top gainers among the BSE Sensex stocks today are HCL TECHNOLOGIES (up 5.8%), TATA MOTORS DVR (up 5.1%) and TATA MOTORS (up 4.1%). Other gainers include RELIANCE IND. (up 3.6%) and M&M (up 3.3%). The most traded stocks in the BSE Sensex are YES BANK and ICICI BANK.

In the meantime, NSE Nifty is at 11,023 (up 1.5%). HCL TECHNOLOGIES (up 6.1%) and TATA MOTORS (up 5.3%) are among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 37,666 to 37,261, registering a gain of -405 points (up -1.2%).

PTC INDIA LTD Financial Update...

PTC INDIA LTD net profit stood at Rs 628 million for the quarter ended June 2019, compared to a profit of Rs 513 million a year ago. Net Sales rose 70.2% to Rs 49.7 billion during the period as against Rs 29.2 billion in April-June 2018.

For the year ended March 2018, PTC INDIA LTD reported 20.1% decrease in net profit to Rs 4.0 billion compared to net profit of Rs 5.1 billion during FY17.

Revenue of the company grew 28.3% to Rs 196 billion during FY18.

The current Price to earnings ratio of PTC INDIA LTD, based on rolling 12 month earnings, stands at 6.5x.