BHARTI AIRTEL Plunges by 5%; BSE 500 Index Down 5.8%
March 9, 2020 01:39 PM

BHARTI AIRTEL share price has plunged 5% and is presently trading at Rs 515.

Meanwhile, the BSE 500 Index is at 14,159 (down 5.8%).

Among the top losers in the BSE 500 Index today are BHARTI AIRTEL (down 5.0%) and MRF LTD. (down 5.0%).

YES BANK (up 29.6%) and VODAFONE IDEA (up 15.7%) are among the top gainers today.

Over the last one year, BHARTI AIRTEL has moved up from Rs 284 to Rs 515, registering a gain of Rs 231 (up 81.3%)..

The BSE 500 has moved down from 14,618 to 14,159, loss of 459 points (down 3.1%) during the last 12 months.

The top gainers among the BSE 500 Index stocks during this same period were ADANI GREEN ENERGY (up 288.0%), GUJARAT GAS (up 123.3%) and NAVIN FLUORINE (up 114.6%).

What About the Benchmark Indices?

The BSE Sensex is at 36,950 (down 6.4%). The top gainers among the BSE Sensex stocks today are [param_sensex_top5]. The most traded stocks in the BSE Sensex are .

In the meantime, NSE Nifty is at 10,752 (down 6.0%). YES BANK (up 28.8%) and BPCL (up 6.8%) are among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 36,636 to 36,950, registering a gain of 314 points (up -4.0%).

BHARTI AIRTEL Financial Update...

BHARTI AIRTEL net profit down at Rs 6 billion for the quarter ended December 2019, compared to a loss of Rs 4 billion a year ago. Net Sales rose 7.0% to Rs 219.5 billion during the period as against Rs 205.2 billion in October-December 2018.

For the year ended March 2019, BHARTI AIRTEL reported 21.3% increase in net profit to Rs 14.8 billion compared to net profit of Rs 12.2 billion during FY18.

Revenue of the company grew 3.1% to Rs 68 billion during FY19.

The current Price to earnings ratio of BHARTI AIRTEL, based on rolling 12 month earnings, stands at down 7.7x.