NILKAMAL Surges by 16%; BSE 500 Index Up 0.1%
April 8, 2020 03:19 PM

NILKAMAL share price has zoomed 16% and is presently trading at Rs 1,140.

Meanwhile, the BSE 500 Index is at 11,802 (up 0.1%).

Among the top Gainers in the BSE 500 Index today are NILKAMAL (up 15.9%) and ALKEM LABORATORIES (up 13.9%).

INDRAPRASTHA GAS and INDIAN BANK (down 0.1%) are among the top losers today.

Over the last one year, NILKAMAL has moved down from Rs 1,402 to Rs 1,140, registering a loss of Rs 262 (down 18.7%).

On the other hand, the BSE 500 has moved down from 15,268 to 11,802, loss of 3,466 points (down 25.6%) during the last 12 months.

The top gainers among the BSE 500 Index stocks during this same period were ADANI GREEN ENERGY (up 359.1%), ABBOTT INDIA (up 140.0%) and NAVIN FLUORINE (up 100.0%).

What About the Benchmark Indices?

The BSE Sensex is at 31,228 (down 0.7%).

The top gainers among the BSE Sensex stocks today are SUN PHARMA (up 4.4%), NTPC (up 4.3%) and BAJAJ FINANCE (up 3.9%). Other gainers include INDUSIND BANK (up 3.7%) and MARUTI SUZUKI (up 3.6%). The most traded stocks in the BSE Sensex are INDUSIND BANK and AXIS BANK.

In the meantime, NSE Nifty is at 9,132 (down 0.7%). The top gainers in the NSE Nifty include VEDANTA LTD (up 5.4%), BHARTI INFRATEL (up 4.8%) and SUN PHARMA (up 4.6%). Other gainers include CIPLA (up 4.4%) and NTPC (up 4.2%) are among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved down from 38,701 to 31,228, registering a loss of 7,473 points (down 22.82%).

NILKAMAL Financial Update...

NILKAMAL net profit stood at Rs 431 million for the quarter ended September 2019, compared to a profit of Rs 275 million a year ago. Net Sales declined 4.0% to Rs 5.4 billion during the period as against Rs 5.6 billion in July-September 2018.

For the year ended March 2019, NILKAMAL reported 5.6% decrease in net profit to Rs 1.1 billion compared to net profit of Rs 1.2 billion during FY18.

Revenue of the company grew 9.3% to Rs 24 billion during FY19.

The current Price to earnings ratio of NILKAMAL, based on rolling 12 month earnings, stands at 13.2x.