WABCO INDIA Plunges by 7%; BSE 500 Index Down 7.0%
March 19, 2020 09:34 AM

WABCO INDIA share price has plunged 7% and is presently trading at Rs 6,200.

Meanwhile, the BSE 500 Index is at 10,739 (down 7.0%).

Among the top losers in the BSE 500 Index today are WABCO INDIA (down 6.7%) and HONEYWELL AUTOMATION (down 8.9%).

D. B. CORP (up 5.6%) and MPHASIS (up 0.8%) are among the top gainers today.

Over the last one year, WABCO INDIA has moved down from Rs 6,312 to Rs 6,200, registering a loss of Rs 112 (down 1.8%)..

The BSE 500 has moved down from 15,069 to 10,739, loss of 4,330 points (down 28.7%) during the last 12 months.

The top gainers among the BSE 500 Index stocks during this same period were ADANI GREEN ENERGY (up 227.7%), ABBOTT INDIA (up 79.1%) and J.B.CHEMICALS (up 50.9%).

What About the Benchmark Indices?

The BSE Sensex is at 27,773 (down 6.8%).

In the meantime, NSE Nifty is at 8,099 (down 6.2%).

Over the last 12 months, the BSE Sensex has moved down from 38,095 to 27,773, registering a loss of 10,322 points (down 29.41%).

WABCO INDIA Financial Update...

WABCO INDIA net profit down at Rs 387 million for the quarter ended December 2019, compared to a loss of Rs 598 million a year ago. Net Sales declined 37.0% to Rs 4.4 billion during the period as against Rs 7.0 billion in October-December 2018.

For the year ended March 2019, WABCO INDIA reported 3.4% increase in net profit to Rs 2.8 billion compared to net profit of Rs 2.7 billion during FY18.

Revenue of the company grew 9.2% to Rs 29 billion during FY19.

The current Price to earnings ratio of WABCO INDIA, based on rolling 12 month earnings, stands at 84.8x.