MOTILAL OSWAL Plunges by 8%; BSE 500 Index Down 5.9%
March 19, 2020 09:54 AM

MOTILAL OSWAL share price has plunged 8% and is presently trading at Rs 555.

Meanwhile, the BSE 500 Index is at 10,739 (down 5.9%).

Among the top losers in the BSE 500 Index today are MOTILAL OSWAL (down 7.7%) and HONEYWELL AUTOMATION (down 7.8%).

NTPC (up 4.4%) and EMAMI LTD (up 3.1%) are among the top gainers today.

Over the last one year, MOTILAL OSWAL has moved down from Rs 629 to Rs 555, registering a loss of Rs 74 (down 11.7%)..

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 249.3%), ABBOTT INDIA (up 80.2%) and GUJARAT GAS (up 52.5%).

What About the Benchmark Indices?

The BSE Sensex is at 27,773 (down 5.8%). The top gainers among the BSE Sensex stocks today are NTPC (up 4.4%), POWER GRID (up 2.4%) and SUN PHARMA (up 0.1%). The most traded stocks in the BSE Sensex are NTPC and POWER GRID.

In the meantime, NSE Nifty is at 8,099 (down 6.1%). NTPC (up 3.8%) and POWER GRID (up 3.3%) are among the top gainers in NSE Nifty.

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 28.60%).

MOTILAL OSWAL Financial Update...

MOTILAL OSWAL net profit stood at Rs 2 billion for the quarter ended December 2019, compared to a profit of Rs 354 million a year ago. Net Sales declined 1.0% to Rs 6.4 billion during the period as against Rs 6.5 billion in October-December 2018.

For the year ended March 2019, MOTILAL OSWAL reported 53.4% decrease in net profit to Rs 2.9 billion compared to net profit of Rs 6.2 billion during FY18.

Revenue of the company grew 10.5% to Rs 25 billion during FY19.

The current Price to earnings ratio of MOTILAL OSWAL, based on rolling 12 month earnings, stands at 12.9x.