RAIN INDUSTRIES share price has plunged 6% and is presently trading at Rs 91.
Meanwhile, the BSE 500 Index is at 14,465 (down 0.2%).
Among the top losers in the BSE 500 Index today are RAIN INDUSTRIES (down 5.6%) and PIRAMAL ENTERPRISES (down 6.1%).
YES BANK (up 8.8%) and ZEE ENTERTAINMENT (up 5.4%) are among the top gainers today.
Over the last one year, RAIN INDUSTRIES has moved down from Rs 163 to Rs 91, registering a loss of Rs 72 (down 44.2%)..
The BSE 500 has moved up from 14,047 to 14,465, registering a gain of 418 points (up 3.0%) during the last 12 months.
The top gainers among the BSE 500 Index stocks during this same period were ADANI POWER (up 142.6%), INTERGLOBE AVIATION (INDIGO) (up 119.2%) and BATA INDIA (up 93.9%).
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The BSE Sensex is at 37,919 (up 0.1%). The top gainers among the BSE Sensex stocks today are YES BANK (up 8.8%). The most traded stocks in the BSE Sensex are YES BANK and ICICI BANK.
In the meantime, NSE Nifty is at 11,234 (up 0.2%). YES BANK (up 9.4%) and ZEE ENTERTAINMENT (up 5.9%) are among the top gainers in NSE Nifty.
Over the last 12 months, the BSE Sensex has moved up from 35,169 to 37,919, registering a gain of 2,750 points (up 7.3%).
RAIN INDUSTRIES net profit declined 214.0% YoY to Rs 1 billion for the quarter ended June 2019, compared to a loss of Rs 1 billion a year ago. Net Sales declined 3.0% to Rs 33.4 billion during the period as against Rs 34.4 billion in April-June 2018.
For the year ended December 2018, RAIN INDUSTRIES reported 35.1% decrease in net profit to Rs 6.3 billion compared to net profit of Rs 9.7 billion during FY17.
Revenue of the company grew 22.7% to Rs 140 billion during FY18.
The current Price to earnings ratio of RAIN INDUSTRIES, based on rolling 12 month earnings, stands at 9.5x. p >
What else is happening in the markets today? Dig in...
The SGX Nifty opened on a negative note today. At 8:10 am, it was trading down by 158 points, or 1.1% lower at 14,912 levels.
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