WELSPUN INDIA Share Price Down by 5%; BSE 500 Index Down 0.1%
February 5, 2021 03:24 PM

WELSPUN INDIA share price has plunged 5% and is presently trading at Rs 74.

Meanwhile, the BSE 500 Index is at 19,697 (down 0.1%).

Among the top losers in the BSE 500 Index today are WELSPUN INDIA (down 5.1%) and INDOSTAR CAPITAL (down 5.2%).

BAJAJ ELECTRICALS (up 20.0%) and MAHINDRA LIFESPACE (up 12.0%) are among the top gainers today.

Over the last one year, WELSPUN INDIA has moved up from Rs 42 to Rs 74, registering a gain of Rs 32 (up 77.7%)..

The BSE 500 has moved up from 15,320 to 19,697, registering a gain of 4,377 points (up 28.6%) during the last 12 months.

The top buzzing stocks among the BSE 500 Index stocks during this same period were ADANI GREEN ENERGY (up 450.5%), LAURUS LABS (up 297.0%) and DIXON TECHNOLOGIES (up 243.9%).

What About the Benchmark Indices?

The BSE Sensex is at 51,073 (up 0.2%). The top gainers among the BSE Sensex stocks today are SBI (up 10.4%). The most traded stocks in the BSE Sensex are SBI and ITC.

In the meantime, NSE Nifty is at 15,015 (up 0.3%). SBI (up 10.9%) and TATA STEEL (up 5.0%) are among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 39,872 to 51,073, registering a gain of 11,201 points (up 27.23%).

WELSPUN INDIA Financial Update...

WELSPUN INDIA net profit stood at Rs 906 million for the quarter ended March 2020, compared to a profit of Rs 751 million a year ago. Net Sales declined 2.9% to Rs 16.2 billion during the period as against Rs 16.7 billion in January-March 2019.

For the year ended March 2019, WELSPUN INDIA reported 23.3% increase in net profit to Rs 4.9 billion compared to net profit of Rs 4.0 billion during FY18.

Revenue of the company grew 7.9% to Rs 65 billion during FY19.

The current Price to earnings ratio of WELSPUN INDIA, based on rolling 12 month earnings, stands at 1.3x.