EIH Share Price Up by 10%; BSE 500 Index Up 0.4%
August 13, 2020 10:18 AM

EIH share price has zoomed 10% and is presently trading at Rs 76.

Meanwhile, the BSE 500 Index is at 14,825 (up 0.4%).

Among the top Gainers in the BSE 500 Index today are EIH (up 10.1%) and ECLERX SERVICES (up 20.0%).

BLUE DART EXPRESS and BEML LTD. are among the top losers today.

Over the last one year, EIH has moved down from Rs 156 to Rs 76, registering a loss of Rs 80 (down 51.9%).

On the other hand, the BSE 500 has moved up from 14,083 to 14,825, registering a gain of 742 points (up 5.2%) during the last 12 months.

The top buzzing stocks among the BSE 500 Index stocks during this same period were ADANI GREEN ENERGY (up 685.2%), DIXON TECHNOLOGIES (up 307.9%) and GRANULES INDIA (up 242.4%).

What About the Benchmark Indices?

The BSE Sensex is at 38,517 (up 0.2%).

The top gainers among the BSE Sensex stocks today are BAJAJ FINANCE (up 1.3%), M&M (up 1.2%) and TITAN (up 1.2%). Other gainers include ICICI BANK (up 1.1%) and TECH MAHINDRA (up 1.1%). The most traded stocks in the BSE Sensex are SBI and ICICI BANK.

In the meantime, NSE Nifty is at 11,359 (up 0.3%). The top gainers in the NSE Nifty include HINDALCO (up 3.4%), JSW STEEL (up 1.9%) and WIPRO (up 1.4%). Other gainers include TITAN (up 1.3%) and KOTAK MAHINDRA BANK (up 1.3%) are among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 36,958 to 38,517, registering a gain of 1,559 points (up 4.07%).

EIH Financial Update...

EIH net profit down at Rs 156 million for the quarter ended March 2020, compared to a loss of Rs 750 million a year ago. Net Sales declined 16.8% to Rs 3.5 billion during the period as against Rs 4.2 billion in January-March 2019.

For the year ended March 2019, EIH reported 26.6% decrease in net profit to Rs 1.3 billion compared to net profit of Rs 1.8 billion during FY18.

Revenue of the company grew 13.3% to Rs 18 billion during FY19.

The current Price to earnings ratio of EIH, based on rolling 12 month earnings, stands at 34.4x.