RELIANCE POWER share price has plunged 5% and is presently trading at Rs 4.
Meanwhile, the BSE POWER Index is at 1,932 (up 0.7%).
Among the top losers in the BSE POWER Index today is RELIANCE POWER (down 5.0%).
ADANI POWER (up 2.5%) and GMR INFRA (up 2.3%) are among the top gainers today.
Over the last one year, RELIANCE POWER has moved down from Rs 30 to Rs 4, registering a loss of Rs 26 (down 86.8%)..
The BSE POWER has moved up from 1,924 to 1,932, registering a gain of 8 points (up 0.4%) during the last 12 months.
The top gainers among the BSE POWER Index stocks during this same period were SIEMENS (up 63.2%), GMR INFRA (up 40.3%) and KALPATARU POWER (up 29.3%).
The BSE Sensex is at 41,143 (down 0.5%). The top gainers among the BSE Sensex stocks today are YES BANK (up 5.1%). The most traded stocks in the BSE Sensex are YES BANK and TATA MOTORS.
In the meantime, NSE Nifty is at 12,147 (down 0.4%). BHARTI INFRATEL (up 9.0%) is among the top gainers in NSE Nifty.
Over the last 12 months, the BSE Sensex has moved up from 35,717 to 41,143, registering a gain of 5,426 points (up 14.6%).
RELIANCE POWER net profit down at Rs 440 million for the quarter ended September 2019, compared to a loss of Rs 2 billion a year ago. Net Sales declined 3.8% to Rs 20.2 billion during the period as against Rs 21.0 billion in July-September 2018.
For the year ended March 2018, RELIANCE POWER reported 6.3% decrease in net profit to Rs 10.3 billion compared to net profit of Rs 11.0 billion during FY17.
Revenue of the company grew 5.3% to Rs 98 billion during FY18.
The current Price to earnings ratio of RELIANCE POWER, based on rolling 12 month earnings, stands at down 0.3x. p >
What else is happening in the markets today? Dig in...
Indian share markets witnessed a sharp sell-off on Friday and ended deep in the red.
In this edition if Momentum Moves, I'll show you why the Nifty is weak and could head to 14,000. On the other hand, smallcaps are looking good.
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%).
View More Indian Share Market NewsLast time the smallcap index crossed 19k a big correction followed. Here's what makes it different this time.
A look at what India's top equity mutual funds bought and sold in January 2021.
Do you enjoy reading Tesla and Bitcoin stories? Here's a not so famous small-cap stock to profit from the rise of EVs.
In this video, I'll show you how to get started on the path to daily trading profits.
More
Equitymaster requests your view! Post a comment on "RELIANCE POWER Plunges by 5%; BSE POWER Index Up 0.7%". Click here!
Comments are moderated by Equitymaster, in accordance with the Terms of Use, and may not appear
on this article until they have been reviewed and deemed appropriate for posting.
In the meantime, you may want to share this article with your friends!