IIFL FINANCE Share Price Down by 5%; BSE 500 Index Down 1.2%
June 29, 2020 10:05 AM

IIFL FINANCE share price has plunged 5% and is presently trading at Rs 80.

Meanwhile, the BSE 500 Index is at 13,518 (down 1.2%).

Among the top losers in the BSE 500 Index today are IIFL FINANCE (down 5.3%) and EMAMI LTD (down 5.0%).

CENTRAL BANK (up 5.4%) and GSK CONSUMER (up 5.1%) are among the top gainers today.

Over the last one year, IIFL FINANCE has moved down from Rs 143 to Rs 80, registering a loss of Rs 63 (down 44.0%)..

The BSE 500 has moved down from 15,332 to 13,518, loss of 1,814 points (down 11.8%) during the last 12 months.

The top gainers among the BSE 500 Index stocks during this same period were ADANI GREEN ENERGY (up 809.8%), DIXON TECHNOLOGIES (up 143.9%) and NAVIN FLUORINE (up 120.4%).

What About the Benchmark Indices?

The BSE Sensex is at 34,959 (down 1.2%). The top gainers among the BSE Sensex stocks today are NESTLE (up 1.7%). The most traded stocks in the BSE Sensex are ITC and NTPC.

In the meantime, NSE Nifty is at 10,326 (down 1.2%). NESTLE (up 1.6%) and ITC (up 1.4%) are among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved down from 39,592 to 34,959, registering a loss of 4,633 points (down 12.26%).

IIFL FINANCE Financial Update...

IIFL FINANCE net profit down at Rs 2 billion for the quarter ended June 2019, compared to a loss of Rs 2 billion a year ago. Net Sales declined 33.5% to Rs 11.9 billion during the period as against Rs 17.9 billion in April-June 2018.

For the year ended March 2018, IIFL FINANCE reported 39.4% increase in net profit to Rs 6.2 billion compared to net profit of Rs 4.5 billion during FY17.

Revenue of the company grew 21.5% to Rs 38 billion during FY18.

The current Price to earnings ratio of IIFL FINANCE, based on rolling 12 month earnings, stands at 2.4x.