GMDC share price has plunged 6% and is presently trading at Rs 65.
Meanwhile, the BSE 500 Index is at 15,571 (up 0.7%).
Among the top losers in the BSE 500 Index today are GMDC (down 6.5%) and GE POWER INDIA LTD (down 5.5%).
ITI LTD (up 15.9%) and CARE RATING (up 9.5%) are among the top gainers today.
Over the last one year, GMDC has moved down from Rs 87 to Rs 65, registering a loss of Rs 22 (down 25.1%)..
The BSE 500 has moved up from 14,389 to 15,571, registering a gain of 1,182 points (up 8.2%) during the last 12 months.
The top gainers among the BSE 500 Index stocks during this same period were ADANI GREEN ENERGY (up 409.0%), RELIANCE NIPPON LIFE ASSET MANAGEMENT LTD (up 120.8%) and GUJARAT GAS (up 94.2%).
The BSE Sensex is at 40,983 (up 0.8%). The top gainers among the BSE Sensex stocks today are SBI (up 1.7%). The most traded stocks in the BSE Sensex are POWER GRID and COAL INDIA.
In the meantime, NSE Nifty is at 12,129 (up 1.1%). ZEE ENTERTAINMENT (up 3.3%) and VEDANTA LTD (up 2.4%) are among the top gainers in NSE Nifty.
Over the last 12 months, the BSE Sensex has moved up from 35,850 to 40,983, registering a gain of 5,133 points (up 14.3%).
GMDC net profit down at Rs 382 million for the quarter ended September 2019, compared to a loss of Rs 504 million a year ago. Net Sales declined 39.7% to Rs 2.6 billion during the period as against Rs 4.4 billion in July-September 2018.
For the year ended March 2018, GMDC reported 33.3% increase in net profit to Rs 4.3 billion compared to net profit of Rs 3.3 billion during FY17.
Revenue of the company grew 30.8% to Rs 21 billion during FY18.
The current Price to earnings ratio of GMDC, based on rolling 12 month earnings, stands at 6.3x. 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 "GMDC Plunges by 6%; BSE 500 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!