SHOPPERS STOP Share Price Down by 5%; BSE 500 Index Down 0.2%
March 9, 2021 01:20 PM

SHOPPERS STOP share price has plunged 5% and is presently trading at Rs 270.

Meanwhile, the BSE 500 Index is at 20,177 (down 0.2%).

Among the top losers in the BSE 500 Index today are SHOPPERS STOP (down 5.2%) and BPCL (down 5.7%).

RELIANCE INFRA (up 9.9%) and RELIANCE CAPITAL (up 7.1%) are among the top gainers today.

Over the last one year, SHOPPERS STOP has moved down from Rs 352 to Rs 270, registering a loss of Rs 82 (down 23.3%)..

The BSE 500 has moved up from 14,706 to 20,177, registering a gain of 5,471 points (up 37.2%) during the last 12 months.

The top buzzing stocks among the BSE 500 Index stocks during this same period were ADANI GREEN ENERGY (up 653.1%), ADANI GAS (up 425.2%) and JAIN IRRIGATION (up 410.3%).

What About the Benchmark Indices?

The BSE Sensex is at 50,995 (up 0.2%). The top gainers among the BSE Sensex stocks today are KOTAK MAHINDRA BANK (up 2.5%). The most traded stocks in the BSE Sensex are KOTAK MAHINDRA BANK and ICICI BANK.

In the meantime, NSE Nifty is at 15,119 (up 0.1%). SBI LIFE INSURANCE (up 5.5%) and KOTAK MAHINDRA BANK (up 2.4%) are among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 38,471 to 50,995, registering a gain of 12,524 points (up 31.44%).

SHOPPERS STOP Financial Update...

SHOPPERS STOP net profit down at Rs 251 million for the quarter ended December 2020, compared to a loss of Rs 65 million a year ago. Net Sales declined 29.7% to Rs 7.2 billion during the period as against Rs 10.2 billion in October-December 2019.

For the year ended March 2018, SHOPPERS STOP reported 134.1% increase in net profit to Rs 579.0 million compared to net profit of Rs 247.0 million during FY17.

Revenue of the company grew 1.6% to Rs 37 billion during FY18.

The current Price to earnings ratio of SHOPPERS STOP, based on rolling 12 month earnings, stands at down 5.8x.