SHRIRAM CITY UNION Plunges by 5%; BSE 500 Index Down 2.2%
June 12, 2020 09:32 AM

SHRIRAM CITY UNION share price has plunged 5% and is presently trading at Rs 664.

Meanwhile, the BSE 500 Index is at 12,631 (down 2.2%).

Among the top losers in the BSE 500 Index today are SHRIRAM CITY UNION (down 5.3%) and BAJAJ HOLDINGS & INVESTMENT (down 5.3%).

GSK CONSUMER (up 5.1%) and LAKSHMI VILAS BANK (up 5.0%) are among the top gainers today.

Over the last one year, SHRIRAM CITY UNION has moved down from Rs 1,533 to Rs 664, registering a loss of Rs 869 (down 56.7%)..

The BSE 500 has moved down from 15,524 to 12,631, loss of 2,893 points (down 18.6%) during the last 12 months.

The top gainers among the BSE 500 Index stocks during this same period were ADANI GREEN ENERGY (up 641.5%), DIXON TECHNOLOGIES (up 118.5%) and NAVIN FLUORINE (up 102.7%).

What About the Benchmark Indices?

The BSE Sensex is at 32,807 (down 2.3%). The top gainers among the BSE Sensex stocks today are SUN PHARMA (up 0.4%). The most traded stocks in the BSE Sensex are SUN PHARMA.

In the meantime, NSE Nifty is at 9,693 (down 2.3%). GRASIM (up 0.6%) and SUN PHARMA (up 0.2%) are among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved down from 39,950 to 32,807, registering a loss of 7,143 points (down 17.95%).

SHRIRAM CITY UNION Financial Update...

SHRIRAM CITY UNION net profit down at Rs 3 billion for the quarter ended June 2019, compared to a loss of Rs 3 billion a year ago. Net Sales rose 3.7% to Rs 14.9 billion during the period as against Rs 14.4 billion in April-June 2018.

For the year ended March 2018, SHRIRAM CITY UNION reported 18.7% increase in net profit to Rs 6.9 billion compared to net profit of Rs 5.8 billion during FY17.

Revenue of the company grew 13.8% to Rs 54 billion during FY18.

The current Price to earnings ratio of SHRIRAM CITY UNION, based on rolling 12 month earnings, stands at 5.4x.