RCF Plunges by 5%; BSE 500 Index Down 0.8%
August 21, 2019 02:16 PM

RCF share price has plunged 5% and is presently trading at Rs 44.

Meanwhile, the BSE 500 Index is at 14,207 (down 0.8%).

Among the top losers in the BSE 500 Index today are RCF (down 5.0%) and GODFREY PHILLIPS (down 5.2%).

NESTLE (up 5.0%) and SUVEN LIFESCIENCES (up 3.0%) are among the top gainers today.

Over the last one year, RCF has moved down from Rs 70 to Rs 44, registering a loss of Rs 26 (down 37.2%)..

The BSE 500 has moved down from 15,606 to 14,207, loss of 1,399 points (down 9.0%) during the last 12 months.

The top gainers among the BSE 500 Index stocks during this same period were ADANI POWER (up 83.7%), SPICEJET (up 63.4%) and MUTHOOT FINANCE (up 51.8%).

What About the Benchmark Indices?

The BSE Sensex is at 37,407 (down 0.5%). The top gainers among the BSE Sensex stocks today are HERO MOTOCORP (up 1.1%). The most traded stocks in the BSE Sensex are NTPC and INFOSYS.

In the meantime, NSE Nifty is at 11,034 (down 0.8%). HERO MOTOCORP (up 1.1%) and INFOSYS (up 0.8%) are among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 38,279 to 37,407, registering a gain of -872 points (up -3.0%).

RCF Financial Update...

RCF net profit down at Rs 81 million for the quarter ended June 2019, compared to a loss of Rs 499 million a year ago. Net Sales rose 2.4% to Rs 24.1 billion during the period as against Rs 23.5 billion in April-June 2018.

For the year ended March 2018, RCF reported 56.0% decrease in net profit to Rs 789.0 million compared to net profit of Rs 1.8 billion during FY17.

Revenue of the company grew 1.3% to Rs 73 billion during FY18.

The current Price to earnings ratio of RCF, based on rolling 12 month earnings, stands at 18.6x.