SREI INFRA FINANCE Plunges by 6%; BSE 500 Index Up 1.1%
March 20, 2020 09:26 AM

SREI INFRA FINANCE share price has plunged 6% and is presently trading at Rs 5.

Meanwhile, the BSE 500 Index is at 10,930 (up 1.1%).

Among the top losers in the BSE 500 Index today are SREI INFRA FINANCE (down 6.4%) and JOHNSON CONTROLS - HITACHI AC (down 5.1%).

DEEPAK FERTILISERS (up 17.5%) and IPCA LABS (up 12.5%) are among the top gainers today.

Over the last one year, SREI INFRA FINANCE has moved down from Rs 30 to Rs 5, registering a loss of Rs 25 (down 82.7%)..

The BSE 500 has moved down from 15,161 to 10,930, loss of 4,231 points (down 27.9%) during the last 12 months.

The top gainers among the BSE 500 Index stocks during this same period were ADANI GREEN ENERGY (up 274.0%), ABBOTT INDIA (up 84.7%) and NAVIN FLUORINE (up 66.1%).

What About the Benchmark Indices?

The BSE Sensex is at 28,632 (up 0.8%). The top gainers among the BSE Sensex stocks today are POWER GRID (up 5.0%). The most traded stocks in the BSE Sensex are SBI and ONGC.

In the meantime, NSE Nifty is at 8,441 (up 1.9%). GAIL (up 7.9%) and YES BANK (up 6.1%) are among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved down from 38,363 to 28,632, registering a loss of 9,731 points (down 25.68%).

SREI INFRA FINANCE Financial Update...

SREI INFRA FINANCE net profit down at Rs 427 million for the quarter ended June 2019, compared to a loss of Rs 914 million a year ago. Net Sales declined 2.4% to Rs 15.8 billion during the period as against Rs 16.2 billion in April-June 2018.

For the year ended March 2018, SREI INFRA FINANCE reported 64.7% increase in net profit to Rs 4.0 billion compared to net profit of Rs 2.4 billion during FY17.

Revenue of the company grew 12.7% to Rs 52 billion during FY18.

The current Price to earnings ratio of SREI INFRA FINANCE, based on rolling 12 month earnings, stands at 0.6x.