AEGIS LOGISTICS Surges by 13%; BSE 500 Index Up 1.0%
February 4, 2020 09:55 AM

AEGIS LOGISTICS share price has zoomed 13% and is presently trading at Rs 233.

Meanwhile, the BSE 500 Index is at 15,485 (up 1.0%).

Among the top Gainers in the BSE 500 Index today are AEGIS LOGISTICS (up 13.4%) and HONEYWELL AUTOMATION (up 11.9%).

MINDTREE and ORACLE FINANCIAL are among the top losers today.

Over the last one year, AEGIS LOGISTICS has moved up from Rs 198 to Rs 233, registering a gain of Rs 35 (up 17.8%).

On the other hand, the BSE 500 has moved up from 14,338 to 15,485, registering a gain of 1,147 points (up 7.9%) during the last 12 months.

The top gainers among the BSE 500 Index stocks during this same period were ADANI GREEN ENERGY (up 505.0%), NIPPON LIFE INDIA ASSET MANAGEMENT (up 166.3%) and GUJARAT GAS (up 130.5%).

What About the Benchmark Indices?

The BSE Sensex is at 40,336 (up 1.1%).

The top gainers among the BSE Sensex stocks today are RELIANCE IND. (up 2.1%), HDFC BANK (up 2.0%) and ULTRATECH CEMENT (up 1.9%). Other gainers include HDFC (up 1.9%) and HERO MOTOCORP (up 1.8%). The most traded stocks in the BSE Sensex are ICICI BANK and ITC.

In the meantime, NSE Nifty is at 11,840 (up 1.1%). BHARTI INFRATEL (up 2.6%) and HERO MOTOCORP (up 2.3%) are among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 36,583 to 40,336, registering a gain of 3,753 points (up 10.2%).

AEGIS LOGISTICS Financial Update...

AEGIS LOGISTICS net profit down at Rs 592 million for the quarter ended December 2019, compared to a loss of Rs 652 million a year ago. Net Sales rose 64.2% to Rs 21.7 billion during the period as against Rs 13.2 billion in October-December 2018.

For the year ended March 2019, AEGIS LOGISTICS reported 17.9% increase in net profit to Rs 2.5 billion compared to net profit of Rs 2.1 billion during FY18.

Revenue of the company grew 17.2% to Rs 56 billion during FY19.

The current Price to earnings ratio of AEGIS LOGISTICS, based on rolling 12 month earnings, stands at 4.9x.