RELIANCE CAPITAL Plunges by 11%; BSE 500 Index Up 0.1%
October 11, 2019 11:16 AM

RELIANCE CAPITAL share price has plunged 11% and is presently trading at Rs 20.

Meanwhile, the BSE 500 Index is at 14,606 (up 0.1%).

Among the top losers in the BSE 500 Index today are RELIANCE CAPITAL (down 11.3%) and CENTURY TEXTILES (down 54.2%).

SUZLON ENERGY (up 12.4%) and GRUH FINANCE (up 8.7%) are among the top gainers today.

Over the last one year, RELIANCE CAPITAL has moved down from Rs 253 to Rs 20, registering a loss of Rs 233 (down 92.0%)..

The BSE 500 has moved up from 13,882 to 14,606, registering a gain of 724 points (up 5.2%) during the last 12 months.

The top gainers among the BSE 500 Index stocks during this same period were ADANI GREEN ENERGY (up 142.8%), INTERGLOBE AVIATION (INDIGO) (up 137.3%) and ADANI POWER (up 107.3%).

What About the Benchmark Indices?

The BSE Sensex is at 38,345 (up 0.1%). The top gainers among the BSE Sensex stocks today are INFOSYS (up 3.0%). The most traded stocks in the BSE Sensex are TATA MOTORS and SBI.

In the meantime, NSE Nifty is at 11,363 (up 0.1%). INFOSYS (up 2.8%) and ONGC (up 2.6%) are among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 34,761 to 38,345, registering a gain of 3,584 points (up 9.1%).

RELIANCE CAPITAL Financial Update...

RELIANCE CAPITAL net profit stood at Rs 12 billion for the quarter ended June 2019, compared to a profit of Rs 2 billion a year ago. Net Sales rose 20.2% to Rs 60.1 billion during the period as against Rs 50.0 billion in April-June 2018.

For the year ended March 2018, RELIANCE CAPITAL reported 1.0% decrease in net profit to Rs 12.3 billion compared to net profit of Rs 12.5 billion during FY17.

Revenue of the company grew 13.5% to Rs 199 billion during FY18.

The current Price to earnings ratio of RELIANCE CAPITAL, based on rolling 12 month earnings, stands at down 0.6x.