DELTA CORP. Plunges by 5%; BSE 500 Index Down 0.6%
October 3, 2019 01:38 PM

DELTA CORP. share price has plunged 5% and is presently trading at Rs 166.

Meanwhile, the BSE 500 Index is at 14,657 (down 0.6%).

Among the top losers in the BSE 500 Index today are DELTA CORP. (down 5.4%) and PIRAMAL ENTERPRISES (down 6.4%).

YES BANK (up 23.4%) and DISH TV (up 8.0%) are among the top gainers today.

Over the last one year, DELTA CORP. has moved down from Rs 213 to Rs 166, registering a loss of Rs 47 (down 21.9%)..

The BSE 500 has moved up from 14,534 to 14,657, registering a gain of 123 points (up 0.8%) during the last 12 months.

The top gainers among the BSE 500 Index stocks during this same period were ADANI POWER (up 134.4%), INTERGLOBE AVIATION (INDIGO) (up 126.5%) and SPICEJET (up 89.5%).

What About the Benchmark Indices?

The BSE Sensex is at 38,311 (down 0.7%). The top gainers among the BSE Sensex stocks today are YES BANK (up 23.4%). The most traded stocks in the BSE Sensex are YES BANK and TATA MOTORS.

In the meantime, NSE Nifty is at 11,370 (down 0.7%). YES BANK (up 23.3%) and ZEE ENTERTAINMENT (up 5.7%) are among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 36,526 to 38,311, registering a gain of 1,785 points (up 4.2%).

DELTA CORP. Financial Update...

DELTA CORP. net profit down at Rs 424 million for the quarter ended June 2019, compared to a loss of Rs 504 million a year ago. Net Sales declined 9.4% to Rs 1.9 billion during the period as against Rs 2.1 billion in April-June 2018.

For the year ended March 2018, DELTA CORP. reported 121.3% increase in net profit to Rs 1.5 billion compared to net profit of Rs 698.0 million during FY17.

Revenue of the company grew 33.7% to Rs 6 billion during FY18.

The current Price to earnings ratio of DELTA CORP., based on rolling 12 month earnings, stands at 21.0x.