RADICO KHAITAN Plunges by 5%; BSE 500 Index Up 0.1%
March 25, 2020 11:06 AM

RADICO KHAITAN share price has plunged 5% and is presently trading at Rs 246.

Meanwhile, the BSE 500 Index is at 10,283 (up 0.1%).

Among the top losers in the BSE 500 Index today are RADICO KHAITAN (down 5.1%) and MAH. SCOOTERS (down 6.1%).

GODREJ PROPERTIES (up 13.5%) and GRANULES INDIA (up 10.3%) are among the top gainers today.

Over the last one year, RADICO KHAITAN has moved down from Rs 395 to Rs 246, registering a loss of Rs 149 (down 37.7%)..

The BSE 500 has moved down from 14,917 to 10,283, loss of 4,634 points (down 31.1%) during the last 12 months.

The top gainers among the BSE 500 Index stocks during this same period were ADANI GREEN ENERGY (up 307.1%), ABBOTT INDIA (up 92.2%) and NAVIN FLUORINE (up 55.9%).

What About the Benchmark Indices?

The BSE Sensex is at 27,299 (up 0.1%). The top gainers among the BSE Sensex stocks today are MARUTI SUZUKI (up 8.0%). The most traded stocks in the BSE Sensex are RELIANCE IND. and HDFC BANK.

In the meantime, NSE Nifty is at 7,980 (up 0.1%). MARUTI SUZUKI (up 7.1%) and RELIANCE IND. (up 6.6%) are among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved down from 37,809 to 27,299, registering a loss of 10,510 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 13.5x.