DELTA CORP. Share Price Up by 10%; BSE 500 Index Down 0.1%
August 7, 2020 09:38 AM

DELTA CORP. share price has zoomed 10% and is presently trading at Rs 109.

Meanwhile, the BSE 500 Index is at 14,572 (down 0.1%).

Among the top Gainers in the BSE 500 Index today are DELTA CORP. (up 10.5%) and BAYER CROPSCIENCE (up 11.4%).

GUJARAT GAS and WIPRO are among the top losers today.

Over the last one year, DELTA CORP. has moved down from Rs 145 to Rs 109, registering a loss of Rs 37 (down 25.2%).

On the other hand, the BSE 500 has moved up from 14,128 to 14,572, registering a gain of 444 points (up 3.0%) during the last 12 months.

The top buzzing stocks among the BSE 500 Index stocks during this same period were ADANI GREEN ENERGY (up 629.3%), DIXON TECHNOLOGIES (up 300.0%) and GRANULES INDIA (up 252.2%).

What About the Benchmark Indices?

The BSE Sensex is at 37,966 (down 0.5%).

The top gainers among the BSE Sensex stocks today are ULTRATECH CEMENT (up 0.7%), BAJAJ FINSERV (up 0.7%) and INDUSIND BANK (up 0.6%). Other gainers include ASIAN PAINTS (up 0.4%) and POWER GRID (up 0.4%). The most traded stocks in the BSE Sensex are RELIANCE IND. and INDUSIND BANK.

In the meantime, NSE Nifty is at 11,187 (down 0.3%). The top gainers in the NSE Nifty include UPL (up 2.0%), DR. REDDYS LAB (up 1.3%) and BPCL (up 1.1%). Other gainers include GAIL (up 1.0%) and ADANI PORTS & SEZ (up 0.9%) are among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 36,977 to 37,966, registering a gain of 989 points (up 2.35%).

DELTA CORP. Financial Update...

DELTA CORP. net profit down at Rs 287 million for the quarter ended March 2020, compared to a loss of Rs 551 million a year ago. Net Sales declined 11.8% to Rs 1.8 billion during the period as against Rs 2.1 billion in January-March 2019.

For the year ended March 2019, DELTA CORP. reported 27.2% increase in net profit to Rs 2.0 billion compared to net profit of Rs 1.5 billion during FY18.

Revenue of the company grew 31.3% to Rs 8 billion during FY19.

The current Price to earnings ratio of DELTA CORP., based on rolling 12 month earnings, stands at 15.9x.