SUPRAJIT ENGINEERING Plunges by 5%; BSE 500 Index Down 0.7%

February 17, 2020 03:22 PM

SUPRAJIT ENGINEERING share price has plunged 5% and is presently trading at Rs 204.

Meanwhile, the BSE 500 Index is at 15,843 (down 0.7%).

Among the top losers in the BSE 500 Index today are SUPRAJIT ENGINEERING (down 5.1%) and IPCA LABS (down 5.9%).

RELIANCE INFRA (up 9.5%) and SUVEN LIFESCIENCES (up 5.0%) are among the top gainers today.

Over the last one year, SUPRAJIT ENGINEERING has moved up from Rs 187 to Rs 204, registering a gain of Rs 16 (up 8.8%)..

The BSE 500 has moved up from 14,065 to 15,843, registering a gain of 1,778 points (up 12.6%) during the last 12 months.

The top gainers among the BSE 500 Index stocks during this same period were ADANI GREEN ENERGY (up 521.6%), ICICI SECURITIES LTD (up 139.0%) and NIPPON LIFE INDIA AMC (up 138.4%).

What About the Benchmark Indices?

The BSE Sensex is at 41,420 (down 0.5%). The top gainers among the BSE Sensex stocks today are TITAN (up 1.9%). The most traded stocks in the BSE Sensex are TATA STEEL and AXIS BANK.

In the meantime, NSE Nifty is at 12,160 (down 0.5%). TITAN (up 1.7%) and NESTLE (up 1.5%) are among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 35,876 to 41,420, registering a gain of 5,544 points (up 14.4%).

SUPRAJIT ENGINEERING Financial Update...

SUPRAJIT ENGINEERING net profit down at Rs 312 million for the quarter ended December 2019, compared to a loss of Rs 392 million a year ago. Net Sales rose 1.6% to Rs 4.1 billion during the period as against Rs 4.1 billion in October-December 2018.

For the year ended March 2019, SUPRAJIT ENGINEERING reported 3.4% decrease in net profit to Rs 1.3 billion compared to net profit of Rs 1.4 billion during FY18.

Revenue of the company grew 9.3% to Rs 16 billion during FY19.

The current Price to earnings ratio of SUPRAJIT ENGINEERING, based on rolling 12 month earnings, stands at 18.6x.