DEEPAK FERTILISERS Plunges by 6%; BSE 500 Index Down 0.4%
February 3, 2020 09:40 AM

DEEPAK FERTILISERS share price has plunged 6% and is presently trading at Rs 106.

Meanwhile, the BSE 500 Index is at 15,318 (down 0.4%).

Among the top losers in the BSE 500 Index today are DEEPAK FERTILISERS (down 5.9%) and HERITAGE FOOD (down 5.2%).

SUVEN LIFESCIENCES (up 9.9%) and INFO EDGE (up 4.2%) are among the top gainers today.

Over the last one year, DEEPAK FERTILISERS has moved down from Rs 117 to Rs 106, registering a loss of Rs 11 (down 9.6%)..

The BSE 500 has moved up from 14,362 to 15,318, registering a gain of 956 points (up 6.7%) during the last 12 months.

The top gainers among the BSE 500 Index stocks during this same period were ADANI GREEN ENERGY (up 430.3%), NIPPON LIFE INDIA ASSET MANAGEMENT (up 143.0%) and GUJARAT GAS (up 123.8%).

What About the Benchmark Indices?

The BSE Sensex is at 39,880 (down 0.3%). The top gainers among the BSE Sensex stocks today are ASIAN PAINTS (up 2.4%). The most traded stocks in the BSE Sensex are ICICI BANK and BHARTI AIRTEL.

In the meantime, NSE Nifty is at 11,714 (down 0.3%). ASIAN PAINTS (up 2.4%) and INDUSIND BANK (up 1.8%) are among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 36,469 to 39,880, registering a gain of 3,411 points (up 8.7%).

DEEPAK FERTILISERS Financial Update...

DEEPAK FERTILISERS net profit stood at Rs 255 million for the quarter ended September 2019, compared to a profit of Rs 134 million a year ago. Net Sales declined 20.8% to Rs 11.5 billion during the period as against Rs 14.5 billion in July-September 2018.

For the year ended March 2019, DEEPAK FERTILISERS reported 54.0% decrease in net profit to Rs 765.0 million compared to net profit of Rs 1.7 billion during FY18.

Revenue of the company grew 11.2% to Rs 67 billion during FY19.

The current Price to earnings ratio of DEEPAK FERTILISERS, based on rolling 12 month earnings, stands at 15.4x.