PI INDUSTRIES share price has plunged 10% and is presently trading at Rs 1,490.
Meanwhile, the BSE 500 Index is at 13,230 (down 7.6%).
Among the top losers in the BSE 500 Index today are PI INDUSTRIES (down 10.2%) and ATUL (down 11.1%).
LAKSHMI VILAS BANK (up 4.9%) and CG POWER & INDUSTRIAL (up 4.8%) are among the top gainers today.
Over the last one year, PI INDUSTRIES has moved up from Rs 1,011 to Rs 1,490, registering a gain of Rs 479 (up 47.4%)..
The BSE 500 has moved down from 14,798 to 13,230, loss of 1,568 points (down 10.6%) during the last 12 months.
The top gainers among the BSE 500 Index stocks during this same period were ADANI GREEN ENERGY (up 243.2%), NAVIN FLUORINE (up 113.4%) and ABBOTT INDIA (up 84.2%).
Get Details: First Stock to Potentially Accumulate Rs 7 Crore Long-term Wealth
The BSE Sensex is at 34,472 (down 7.0%).
In the meantime, NSE Nifty is at 10,041 (down 7.1%).
Over the last 12 months, the BSE Sensex has moved down from 37,054 to 34,472, registering a loss of 2,582 points (down 10.41%).
PI INDUSTRIES net profit stood at Rs 1 billion for the quarter ended December 2019, compared to a profit of Rs 1 billion a year ago. Net Sales rose 20.1% to Rs 8.5 billion during the period as against Rs 7.1 billion in October-December 2018.
For the year ended March 2019, PI INDUSTRIES reported 11.6% increase in net profit to Rs 4.1 billion compared to net profit of Rs 3.7 billion during FY18.
Revenue of the company grew 23.1% to Rs 28 billion during FY19.
The current Price to earnings ratio of PI INDUSTRIES, based on rolling 12 month earnings, stands at 39.8x. p >
What else is happening in the markets today? Dig in...
Indian share markets witnessed a sharp sell-off today and ended deep in the red.
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%).
ICICI LOMBARD GENERAL INSURANCE share price is trading down by 5% and its current market price is Rs 1,479. 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 ICICI LOMBARD GENERAL INSURANCE (down 5.2%) and BAJAJ FINSERV (down 6.2%).
View More Indian Share Market NewsLast time the smallcap index crossed 19k a big correction followed. Here's what makes it different this time.
In this video, I'll cover your queries on intraday trading and also share my view on how to decide stop losses and target prices.
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.
More
Equitymaster requests your view! Post a comment on "PI INDUSTRIES Plunges by 10%; BSE 500 Index Down 7.6%". 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!