SHRIRAM TRANSPORT Share Price Down by 5%; BSE 500 Index Down 0.6%
July 30, 2020 02:26 PM

SHRIRAM TRANSPORT share price has plunged 5% and is presently trading at Rs 736.

Meanwhile, the BSE 500 Index is at 14,549 (down 0.6%).

Among the top losers in the BSE 500 Index today are SHRIRAM TRANSPORT (down 5.3%) and PVR LTD (down 5.8%).

EIH (up 9.3%) and SHOPPERS STOP (up 7.5%) are among the top gainers today.

Over the last one year, SHRIRAM TRANSPORT has moved down from Rs 943 to Rs 736, registering a loss of Rs 206 (down 21.9%)..

The BSE 500 has moved up from 14,424 to 14,549, registering a gain of 125 points (up 0.9%) during the last 12 months.

The top gainers among the BSE 500 Index stocks during this same period were ADANI GREEN ENERGY (up 597.7%), DIXON TECHNOLOGIES (up 236.8%) and GRANULES INDIA (up 209.2%).

What About the Benchmark Indices?

The BSE Sensex is at 38,414 (down 0.7%). The top gainers among the BSE Sensex stocks today are MARUTI SUZUKI (up 2.2%). The most traded stocks in the BSE Sensex are RELIANCE IND. and INFOSYS.

In the meantime, NSE Nifty is at 11,300 (down 0.7%). DR. REDDYS LAB (up 4.5%) and WIPRO (up 2.4%) are among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 37,686 to 38,414, registering a gain of 728 points (up 0.34%).

SHRIRAM TRANSPORT Financial Update...

SHRIRAM TRANSPORT net profit stood at Rs 8 billion for the quarter ended September 2019, compared to a profit of Rs 6 billion a year ago. Net Sales rose 5.7% to Rs 42.2 billion during the period as against Rs 39.9 billion in July-September 2018.

For the year ended March 2019, SHRIRAM TRANSPORT reported 5.8% increase in net profit to Rs 25.6 billion compared to net profit of Rs 24.2 billion during FY18.

Revenue of the company grew 16.6% to Rs 154 billion during FY19.

The current Price to earnings ratio of SHRIRAM TRANSPORT, based on rolling 12 month earnings, stands at 5.6x.