HIMATSINGKA SEIDE Plunges by 5%; BSE 500 Index Down 1.6%
January 6, 2020 11:46 AM

HIMATSINGKA SEIDE share price has plunged 5% and is presently trading at Rs 133.

Meanwhile, the BSE 500 Index is at 15,750 (down 1.6%).

Among the top losers in the BSE 500 Index today are HIMATSINGKA SEIDE (down 5.2%) and SHARDA CROPCHEM (down 6.9%).

SUZLON ENERGY (up 13.9%) and FORCE MOTORS (up 9.0%) are among the top gainers today.

Over the last one year, HIMATSINGKA SEIDE has moved down from Rs 215 to Rs 133, registering a loss of Rs 82 (down 38.0%)..

The BSE 500 has moved up from 14,291 to 15,750, registering a gain of 1,459 points (up 10.2%) during the last 12 months.

The top gainers among the BSE 500 Index stocks during this same period were ADANI GREEN ENERGY (up 389.0%), RELIANCE NIPPON LIFE ASSET MANAGEMENT LTD (up 117.7%) and MANAPPURAM FINANCE (up 86.8%).

What About the Benchmark Indices?

The BSE Sensex is at 41,378 (down 1.5%). The top gainers among the BSE Sensex stocks today are TITAN (up 1.8%) and TCS . The most traded stocks in the BSE Sensex are TITAN and TCS.

In the meantime, NSE Nifty is at 12,179 (down 1.6%). TITAN (up 1.7%) and WIPRO (up 0.3%) are among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 35,514 to 41,378, registering a gain of 5,864 points (up 15.0%).

HIMATSINGKA SEIDE Financial Update...

HIMATSINGKA SEIDE net profit down at Rs 341 million for the quarter ended September 2019, compared to a loss of Rs 512 million a year ago. Net Sales declined 5.1% to Rs 6.4 billion during the period as against Rs 6.8 billion in July-September 2018.

For the year ended March 2018, HIMATSINGKA SEIDE reported 10.7% increase in net profit to Rs 2.0 billion compared to net profit of Rs 1.8 billion during FY17.

Revenue of the company grew 5.2% to Rs 22 billion during FY18.

The current Price to earnings ratio of HIMATSINGKA SEIDE, based on rolling 12 month earnings, stands at 7.0x.