GUJARAT ALKALIES plunges by 6%; BSE 500 Index Down 0.5%
July 18, 2018 03:22 PM

GUJARAT ALKALIES share price has plunged 6% and is presently trading at Rs 496.

Meanwhile, the BSE 500 Index is at 14,874 (Down 0.5%).

Among the top losers in the BSE 500 Index today are GUJARAT ALKALIES (down 5.74%) and PVR LTD (down 5.11%)

ESSEL PROPACK (up 6.93%) and INFO EDGE (up 5.91%) are among the top gainers today.

Over the last one year, GUJARAT ALKALIES has moved up from Rs 392 to Rs 496, registering a gain of Rs 104 (up 26.49%).

The BSE 500 has moved up from 13,692 to 14,874, registering a gain of 1,182 points (up 8.63%) during the last 12 months.

The top gainers among the BSE 500 Index stocks during this same period were HEG LTD (up 904.43%), GRAPHITE INDIA (up 472.10%) and INDIABULLS VENTURES (up 177.70%).

What About the Benchmark Indices?

The BSE Sensex is at 36,748 (down 0.39%). The top gainers among the BSE Sensex stocks today are ONGC (up 2.59%), ASIAN PAINTS (up 0.95%) and HDFC (up 0.90%). Other gainers include YES BANK (up 0.85%) and HERO MOTOCORP (up 0.59%). The most traded stocks in the BSE Sensex are ONGC and WIPRO.

In the meantime, NSE Nifty is at 11,076 (down 0.20%). INDIABULLS HOU. FIN. (up 4.16%) and ONGC (up 2.79%) are among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 32,075 to 36,748, registering a gain of 4,673 points (up 13.42%).

GUJARAT ALKALIES Financial Update...

GUJARAT ALKALIES net profit grew 97.0% YoY to Rs 2 billion for the quarter ended March 2018, compared to a profit of Rs 1 billion a year ago. Net Sales rose 12.9% to Rs 7.0 billion during the period as against Rs 6.2 billion in January-March 2017.

For the year ended March 2017, GUJARAT ALKALIES reported 40.3% increase in net profit to Rs 3.1 billion compared to net profit of Rs 2.2 billion during FY16.

Revenue of the company grew 3.8% to Rs 23 billion during FY17.

The current Price to earnings ratio of GUJARAT ALKALIES, based on rolling 12 month earnings, stands at 6.3x.