MUTHOOT FINANCE Plunges by 10%; BSE 500 Index Down 4.8%
May 4, 2020 11:41 AM

MUTHOOT FINANCE share price has plunged 10% and is presently trading at Rs 845.

Meanwhile, the BSE 500 Index is at 12,422 (down 4.8%).

Among the top losers in the BSE 500 Index today are MUTHOOT FINANCE (down 10.1%) and BHARAT FORGE (down 11.5%).

SWAN ENERGY (up 6.1%) and GSK CONSUMER (up 5.1%) are among the top gainers today.

Over the last one year, MUTHOOT FINANCE has moved up from Rs 595 to Rs 845, registering a gain of Rs 250 (up 42.0%)..

The BSE 500 has moved down from 15,294 to 12,422, loss of 2,872 points (down 18.8%) during the last 12 months.

The top gainers among the BSE 500 Index stocks during this same period were ADANI GREEN ENERGY (up 399.9%), ABBOTT INDIA (up 134.2%) and NAVIN FLUORINE (up 125.9%).

What About the Benchmark Indices?

The BSE Sensex is at 32,748 (down 5.2%). The top gainers among the BSE Sensex stocks today are SUN PHARMA (up 1.0%). The most traded stocks in the BSE Sensex are SUN PHARMA.

In the meantime, NSE Nifty is at 9,534 (down 5.0%). CIPLA (up 3.7%) and SUN PHARMA (up 1.2%) are among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved down from 39,032 to 32,748, registering a loss of 6,284 points (down 18.13%).

MUTHOOT FINANCE Financial Update...

MUTHOOT FINANCE net profit stood at Rs 9 billion for the quarter ended September 2019, compared to a profit of Rs 5 billion a year ago. Net Sales rose 24.5% to Rs 21.4 billion during the period as against Rs 17.2 billion in July-September 2018.

For the year ended March 2019, MUTHOOT FINANCE reported 13.2% increase in net profit to Rs 21.0 billion compared to net profit of Rs 18.6 billion during FY18.

Revenue of the company grew 12.2% to Rs 74 billion during FY19.

The current Price to earnings ratio of MUTHOOT FINANCE, based on rolling 12 month earnings, stands at 13.0x.