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

NMDC LTD share price has plunged 8% and is presently trading at Rs 69.

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

Among the top losers in the BSE 500 Index today are NMDC LTD (down 8.5%) 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, NMDC LTD has moved down from Rs 116 to Rs 69, registering a loss of Rs 47 (down 40.5%)..

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%).

NMDC LTD Financial Update...

NMDC LTD net profit down at Rs 14 billion for the quarter ended December 2019, compared to a loss of Rs 16 billion a year ago. Net Sales declined 17.6% to Rs 30.1 billion during the period as against Rs 36.5 billion in October-December 2018.

For the year ended March 2019, NMDC LTD reported 26.7% increase in net profit to Rs 46.4 billion compared to net profit of Rs 36.6 billion during FY18.

Revenue of the company grew 4.6% to Rs 122 billion during FY19.

The current Price to earnings ratio of NMDC LTD, based on rolling 12 month earnings, stands at 4.5x.