RADICO KHAITAN Plunges by 6%; BSE 500 Index Down 7.0%
March 19, 2020 09:33 AM

RADICO KHAITAN share price has plunged 6% and is presently trading at Rs 300.

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

Among the top losers in the BSE 500 Index today are RADICO KHAITAN (down 5.7%) 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, RADICO KHAITAN has moved down from Rs 388 to Rs 300, registering a loss of Rs 88 (down 22.7%)..

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%).

RADICO KHAITAN Financial Update...

RADICO KHAITAN net profit stood at Rs 557 million for the quarter ended December 2019, compared to a profit of Rs 521 million a year ago. Net Sales declined 2.3% to Rs 20.1 billion during the period as against Rs 20.6 billion in October-December 2018.

For the year ended March 2019, RADICO KHAITAN reported 52.3% increase in net profit to Rs 1.9 billion compared to net profit of Rs 1.2 billion during FY18.

Revenue of the company grew 28.5% to Rs 81 billion during FY19.

The current Price to earnings ratio of RADICO KHAITAN, based on rolling 12 month earnings, stands at 16.5x.