RAIN INDUSTRIES Share Price Down by 5%; BSE 500 Index Down 0.9%
August 14, 2020 02:18 PM

RAIN INDUSTRIES share price has plunged 5% and is presently trading at Rs 117.

Meanwhile, the BSE 500 Index is at 14,874 (down 0.9%).

Among the top losers in the BSE 500 Index today are RAIN INDUSTRIES (down 5.1%) and EICHER MOTOR (down 5.4%).

ECLERX SERVICES (up 12.3%) and MAHINDRA LIFESPACE (up 7.1%) are among the top gainers today.

Over the last one year, RAIN INDUSTRIES has moved up from Rs 82 to Rs 117, registering a gain of Rs 34 (up 41.9%)..

The BSE 500 has moved up from 14,083 to 14,874, registering a gain of 791 points (up 5.6%) during the last 12 months.

The top buzzing stocks among the BSE 500 Index stocks during this same period were ADANI GREEN ENERGY (up 661.4%), DIXON TECHNOLOGIES (up 300.6%) and GRANULES INDIA (up 230.3%).

What About the Benchmark Indices?

The BSE Sensex is at 38,541 (down 1.0%). The top gainers among the BSE Sensex stocks today are SUN PHARMA (up 1.5%). The most traded stocks in the BSE Sensex are TATA STEEL and INFOSYS.

In the meantime, NSE Nifty is at 11,366 (down 1.0%). COAL INDIA (up 3.6%) and SUN PHARMA (up 1.8%) are among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 36,958 to 38,541, registering a gain of 1,583 points (up 2.65%).

RAIN INDUSTRIES Financial Update...

RAIN INDUSTRIES net profit down at Rs 1 billion for the quarter ended March 2020, compared to a loss of Rs 1 billion a year ago. Net Sales rose 2.4% to Rs 29.0 billion during the period as against Rs 28.3 billion in January-March 2019.

For the year ended December 2018, RAIN INDUSTRIES reported 35.1% decrease in net profit to Rs 6.3 billion compared to net profit of Rs 9.7 billion during FY17.

Revenue of the company grew 22.7% to Rs 140 billion during FY18.

The current Price to earnings ratio of RAIN INDUSTRIES, based on rolling 12 month earnings, stands at 7.6x.