SREI INFRA FINANCE Plunges by 6%; BSE 500 Index Down 0.7%
August 16, 2019 09:26 AM

SREI INFRA FINANCE share price has plunged 6% and is presently trading at Rs 11.

Meanwhile, the BSE 500 Index is at 14,226 (down 0.7%).

Among the top losers in the BSE 500 Index today are SREI INFRA FINANCE (down 5.6%) and INDIABULLS HOU. FIN. (down 7.6%).

RELIANCE CAPITAL (up 7.1%) and SUZLON ENERGY (up 4.1%) are among the top gainers today.

Over the last one year, SREI INFRA FINANCE has moved down from Rs 50 to Rs 11, registering a loss of Rs 39 (down 78.0%)..

The BSE 500 has moved down from 15,425 to 14,226, loss of 1,199 points (down 7.8%) during the last 12 months.

The top gainers among the BSE 500 Index stocks during this same period were ADANI POWER (up 84.2%), PROCTER & GAMBLE HEALTH (up 61.1%) and VINATI ORGANICS (up 58.1%).

What About the Benchmark Indices?

The BSE Sensex is at 37,384 (down 0.7%). The top gainers among the BSE Sensex stocks today are YES BANK (up 1.4%). The most traded stocks in the BSE Sensex are YES BANK and ONGC.

In the meantime, NSE Nifty is at 11,044 (down 0.6%). YES BANK (up 1.9%) and UPL (up 1.2%) are among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 37,852 to 37,384, registering a gain of -468 points (up -2.1%).

SREI INFRA FINANCE Financial Update...

SREI INFRA FINANCE net profit down at Rs 914 million for the quarter ended December 2018, compared to a loss of Rs 1 billion a year ago. Net Sales rose 15.4% to Rs 16.2 billion during the period as against Rs 14.1 billion in October-December 2017.

For the year ended March 2018, SREI INFRA FINANCE reported 64.7% increase in net profit to Rs 4.0 billion compared to net profit of Rs 2.4 billion during FY17.

Revenue of the company grew 12.7% to Rs 52 billion during FY18.

The current Price to earnings ratio of SREI INFRA FINANCE, based on rolling 12 month earnings, stands at 1.2x.