PTC INDIA LTD Surges by 7%; BSE POWER Index Up 1.0%
March 31, 2020 10:13 AM

PTC INDIA LTD share price has zoomed 7% and is presently trading at Rs 39.

Meanwhile, the BSE POWER Index is at 1,375 (up 1.0%).

Among the top Gainers in the BSE POWER Index today is PTC INDIA LTD (up 6.7%).

TORRENT POWER LTD (down 0.3%) and NTPC (down 0.4%) are among the top losers today.

Over the last one year, PTC INDIA LTD has moved down from Rs 75 to Rs 39, registering a loss of Rs 35 (down 47.5%).

On the other hand, the BSE POWER has moved down from 2,032 to 1,375, loss of 657 points (down 33.1%) during the last 12 months.

The top gainers among the BSE POWER Index stocks during this same period were TORRENT POWER LTD (up 3.8%).

What About the Benchmark Indices?

The BSE Sensex is at 29,317 (up 1.7%).

The top gainers among the BSE Sensex stocks today are TATA STEEL (up 4.4%), INFOSYS (up 4.1%) and ITC (up 3.7%). Other gainers include ONGC (up 3.5%) and ASIAN PAINTS (up 3.1%). The most traded stocks in the BSE Sensex are RELIANCE IND. and SBI.

In the meantime, NSE Nifty is at 8,530 (up 1.7%). The top gainers in the NSE Nifty include VEDANTA LTD (up 6.8%), HINDALCO (up 5.9%) and JSW STEEL (up 4.2%). Other gainers include INFOSYS (up 4.1%) and TATA STEEL (up 3.8%) are among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved down from 38,872 to 29,317, registering a loss of 9,555 points (down 25.60%).

PTC INDIA LTD Financial Update...

PTC INDIA LTD net profit stood at Rs 583 million for the quarter ended December 2019, compared to a profit of Rs 513 million a year ago. Net Sales rose 18.6% to Rs 34.6 billion during the period as against Rs 29.2 billion in October-December 2018.

For the year ended March 2018, PTC INDIA LTD reported 20.1% decrease in net profit to Rs 4.0 billion compared to net profit of Rs 5.1 billion during FY17.

Revenue of the company grew 28.3% to Rs 196 billion during FY18.

The current Price to earnings ratio of PTC INDIA LTD, based on rolling 12 month earnings, stands at 3.8x.