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Todays Market
Indian Stock Market Updates March 16, 2020

Markets will remain closed on 14^th April, 2021 on account of Dr. Baba Saheb Ambedkar Jayanti.

UPL Plunges by 6%; BSE 500 Index Down 4.3%
Mon, 16 Mar 10:20 AM

UPL share price has plunged 6% and is presently trading at Rs 400.

Meanwhile, the BSE 500 Index is at 12,631 (down 4.3%).

Among the top losers in the BSE 500 Index today are UPL (down 6.3%) and MARUTI SUZUKI (down 5.6%).

YES BANK (up 48.9%) and VODAFONE IDEA (up 11.5%) are among the top gainers today.

Over the last one year, UPL has moved down from Rs 607 to Rs 400, registering a loss of Rs 207 (down 34.1%)..

The BSE 500 has moved down from 14,974 to 12,631, loss of 2,343 points (down 15.6%) during the last 12 months.

The top gainers among the BSE 500 Index stocks during this same period were ADANI GREEN ENERGY (up 197.6%), ABBOTT INDIA (up 97.8%) and NAVIN FLUORINE (up 92.9%).

Revealed: 3 Stocks for Potentially Massive Gains

What About the Benchmark Indices?

The BSE Sensex is at 33,103 (down 4.8%).

In the meantime, NSE Nifty is at 9,593 (down 4.4%). YES BANK (up 49.1%) and TCS (up 1.8%) are among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved down from 37,752 to 33,103, registering a loss of 4,649 points (down 14.00%).

UPL Financial Update...

UPL net profit stood at Rs 8 billion for the quarter ended December 2019, compared to a profit of Rs 5 billion a year ago. Net Sales rose 80.7% to Rs 88.9 billion during the period as against Rs 49.2 billion in October-December 2018.

For the year ended March 2019, UPL reported 10.5% decrease in net profit to Rs 19.6 billion compared to net profit of Rs 21.9 billion during FY18.

Revenue of the company grew 24.7% to Rs 218 billion during FY19.

The current Price to earnings ratio of UPL , based on rolling 12 month earnings, stands at 14.0x.