DCM SHRIRAM Share Price Down by 5%; BSE 500 Index Down 0.4%
March 9, 2021 01:34 PM

DCM SHRIRAM share price has plunged 5% and is presently trading at Rs 560.

Meanwhile, the BSE 500 Index is at 20,177 (down 0.4%).

Among the top losers in the BSE 500 Index today are DCM SHRIRAM (down 5.1%) and NAVIN FLUORINE (down 5.1%).

RELIANCE INFRA (up 9.9%) and RELIANCE CAPITAL (up 5.9%) are among the top gainers today.

Over the last one year, DCM SHRIRAM has moved up from Rs 329 to Rs 560, registering a gain of Rs 231 (up 70.3%)..

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 652.4%), ADANI GAS (up 422.8%) and JAIN IRRIGATION (up 401.0%).

What About the Benchmark Indices?

The BSE Sensex is at 50,995 . The top gainers among the BSE Sensex stocks today are KOTAK MAHINDRA BANK (up 2.8%). The most traded stocks in the BSE Sensex are ICICI BANK and KOTAK MAHINDRA BANK.

In the meantime, NSE Nifty is at 15,119 . SBI LIFE INSURANCE (up 5.5%) and KOTAK MAHINDRA BANK (up 3.0%) 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 31.17%).

DCM SHRIRAM Financial Update...

DCM SHRIRAM net profit stood at Rs 3 billion for the quarter ended December 2020, compared to a profit of Rs 2 billion a year ago. Net Sales declined 2.6% to Rs 21.4 billion during the period as against Rs 21.9 billion in October-December 2019.

For the year ended March 2019, DCM SHRIRAM reported 35.0% increase in net profit to Rs 9.0 billion compared to net profit of Rs 6.7 billion during FY18.

Revenue of the company grew 10.9% to Rs 78 billion during FY19.

The current Price to earnings ratio of DCM SHRIRAM, based on rolling 12 month earnings, stands at 12.7x.