MOTILAL OSWAL Share Price Down by 5%; BSE 500 Index Down 0.3%
July 27, 2020 02:04 PM

MOTILAL OSWAL share price has plunged 5% and is presently trading at Rs 717.

Meanwhile, the BSE 500 Index is at 14,463 (down 0.3%).

Among the top losers in the BSE 500 Index today are MOTILAL OSWAL (down 5.4%) and ICICI BANK (down 5.3%).

PERSISTENT SYSTEMS (up 13.1%) and INOX LEISURE (up 7.7%) are among the top gainers today.

Over the last one year, MOTILAL OSWAL has moved up from Rs 561 to Rs 717, registering a gain of Rs 157 (up 28.0%)..

The BSE 500 has moved down from 14,502 to 14,463, loss of 39 points (down 0.3%) during the last 12 months.

The top gainers among the BSE 500 Index stocks during this same period were ADANI GREEN ENERGY (up 624.2%), GRANULES INDIA (up 247.0%) and DIXON TECHNOLOGIES (up 239.5%).

What About the Benchmark Indices?

The BSE Sensex is at 38,275 (down 0.2%). The top gainers among the BSE Sensex stocks today are ASIAN PAINTS (up 3.6%). The most traded stocks in the BSE Sensex are RELIANCE IND. and ONGC.

In the meantime, NSE Nifty is at 11,225 (down 0.3%). ASIAN PAINTS (up 3.5%) and HCL TECHNOLOGIES (up 2.3%) are among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 37,848 to 38,275, registering a gain of 427 points (up 0.53%).

MOTILAL OSWAL Financial Update...

MOTILAL OSWAL net profit stood at Rs 2 billion for the quarter ended December 2019, compared to a profit of Rs 354 million a year ago. Net Sales declined 1.0% to Rs 6.4 billion during the period as against Rs 6.5 billion in October-December 2018.

For the year ended March 2019, MOTILAL OSWAL reported 53.4% decrease in net profit to Rs 2.9 billion compared to net profit of Rs 6.2 billion during FY18.

Revenue of the company grew 10.5% to Rs 25 billion during FY19.

The current Price to earnings ratio of MOTILAL OSWAL, based on rolling 12 month earnings, stands at 16.8x.