TVS SRICHAKRA Share Price Down by 6%; BSE 500 Index Down 3.7%
December 21, 2020 03:35 PM

TVS SRICHAKRA share price has plunged 6% and is presently trading at Rs 1,971.

Meanwhile, the BSE 500 Index is at 18,042 (down 3.7%).

Among the top losers in the BSE 500 Index today are TVS SRICHAKRA (down 6.2%) and BOSCH (down 5.8%).

GSK CONSUMER (up 5.1%) and LAKSHMI VILAS BANK (up 4.8%) are among the top gainers today.

Over the last one year, TVS SRICHAKRA has moved up from Rs 1,631 to Rs 1,971, registering a gain of Rs 340 (up 20.8%)..

The BSE 500 has moved up from 15,603 to 18,042, registering a gain of 2,439 points (up 15.6%) during the last 12 months.

The top buzzing stocks among the BSE 500 Index stocks during this same period were ADANI GREEN ENERGY (up 658.7%), LAURUS LABS (up 375.8%) and DIXON TECHNOLOGIES (up 263.6%).

What About the Benchmark Indices?

The BSE Sensex is at 47,056 (down 3.2%).

In the meantime, NSE Nifty is at 13,778 (down 3.5%).

Over the last 12 months, the BSE Sensex has moved up from 41,352 to 47,056, registering a gain of 5,704 points (up 9.88%).

TVS SRICHAKRA Financial Update...

TVS SRICHAKRA net profit stood at Rs 394 million for the quarter ended September 2020, compared to a profit of Rs 134 million a year ago. Net Sales rose 7.5% to Rs 5.4 billion during the period as against Rs 5.0 billion in July-September 2019.

For the year ended March 2020, TVS SRICHAKRA reported 20.3% decrease in net profit to Rs 823.0 million compared to net profit of Rs 1.0 billion during FY19.

Revenue of the company grew 13.5% to Rs 21 billion during FY20.

The current Price to earnings ratio of TVS SRICHAKRA, based on rolling 12 month earnings, stands at 32.9x.