ADANI POWER share price has plunged 5% and is presently trading at Rs 24.
Meanwhile, the BSE POWER Index is at 1,938 (down 0.9%).
Among the top losers in the BSE POWER Index today are ADANI POWER (down 5.5%) and SUZLON ENERGY (down 7.5%).
PTC INDIA LTD (up 0.7%) and NTPC (up 0.3%) are among the top gainers today.
Over the last one year, ADANI POWER has moved down from Rs 29 to Rs 24, registering a loss of Rs 5 (down 17.5%)..
The BSE POWER has moved down from 2,189 to 1,938, loss of 251 points (down 11.5%) during the last 12 months.
The top gainers among the BSE POWER Index stocks during this same period were TORRENT POWER LTD (up 4.3%), ADANI TRANSMISSION (up 3.9%) and NTPC (up 0.8%).
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The BSE Sensex is at 36,292 (down 0.3%). The top gainers among the BSE Sensex stocks today are INFOSYS LTD (up 1.0%), ICICI BANK (up 0.9%) and TCS (up 0.9%). Other gainers include ASIAN PAINTS (up 0.9%) and HDFC BANK (up 0.8%). The most traded stocks in the BSE Sensex are ICICI BANK and SBI.
In the meantime, NSE Nifty is at 10,932 (down 0.4%). BHARTI INFRATEL (up 2.3%) and TCS (up 1.6%) are among the top gainers in NSE Nifty.
Over the last 12 months, the BSE Sensex has moved up from 31,282 to 36,292, registering a gain of 5,010 points (up 15.4%).
ADANI POWER net profit declined 36.1% YoY to Rs 8 billion for the quarter ended June 2018, compared to a loss of Rs 13 billion a year ago. Net Sales declined 20.9% to Rs 38.3 billion during the period as against Rs 48.4 billion in April-June 2017.
For the year ended March 2017, ADANI POWER reported 480.8% decrease in net profit to Rs 21.0 billion compared to net profit of Rs 5.5 billion during FY16.
Revenue of the company grew 10.8% to Rs 228 billion during FY17.
The current Price to earnings ratio of ADANI POWER, based on rolling 12 month earnings, stands at down 3.5x. p >
What else is happening in the markets today? Dig in...
The market see-sawed during the week with both the bulls and bears swinging it out. But in the end, it was the bears who won. The Nifty ended the day, the week, and the month at 14,529.15.
Indian share markets end deep in the red with the Sensex down by 1,939 points and the Nifty ending down by 568 points.
ONGC share price is trading down by 7% and its current market price is Rs 118. The BSE OIL & GAS is down by 4.0%. The top gainers in the BSE OIL & GAS Index is CASTROL INDIA (up 1.3%). The top losers are ONGC (down 7.1%) and GAIL (down 6.3%).
ULTRATECH CEMENT share price is trading down by 5% and its current market price is Rs 6,487. The BSE 500 is down by 3.4%. The top gainers in the BSE 500 Index are SOUTH IND.BANK (up 10.4%) and JAGRAN PRAKASHAN (up 10.0%). The top losers are ULTRATECH CEMENT (down 5.0%) and BAJAJ FINSERV (down 6.3%).
JAGRAN PRAKASHAN share price is trading up by 10% and its current market price is Rs 60. The BSE 500 is down by 3.2%. The top gainers in the BSE 500 Index are JAGRAN PRAKASHAN (up 10.1%) and RCF (up 11.0%). The top losers are MAHINDRA CIE AUTO. and AJANTA PHARMA (down 0.1%).
UPL share price is trading down by 5% and its current market price is Rs 589. The BSE 500 is down by 3.2%. The top gainers in the BSE 500 Index are RCF (up 11.0%) and SOUTH IND.BANK (up 10.4%). The top losers are UPL (down 5.4%) and BAJAJ FINSERV (down 6.2%).
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