V-MART RETAIL Surges by 10%; BSE 500 Index Up 3.2%

Fri, 20 Mar 12:16 PM

V-MART RETAIL share price has zoomed 10% and is presently trading at Rs 1,808.

Meanwhile, the BSE 500 Index is at 11,135 (up 3.2%).

Among the top Gainers in the BSE 500 Index today are V-MART RETAIL (up 10.0%) and NIIT TECHNOLOGIES (up 10.7%).

TVS MOTORS and UCO BANK (down 0.1%) are among the top losers today.

Over the last one year, V-MART RETAIL has moved down from Rs 2,684 to Rs 1,808, registering a loss of Rs 876 (down 32.6%).

On the other hand, the BSE 500 has moved down from 15,161 to 11,135, loss of 4,026 points (down 26.6%) during the last 12 months.

The top gainers among the BSE 500 Index stocks during this same period were ADANI GREEN ENERGY (up 282.3%), ABBOTT INDIA (up 87.8%) and NAVIN FLUORINE (up 69.5%).

What About the Benchmark Indices?

The BSE Sensex is at 29,208 (up 3.2%).

The top gainers among the BSE Sensex stocks today are ONGC (up 13.0%), TCS (up 9.9%) and HCL TECHNOLOGIES (up 9.8%). Other gainers include TECH MAHINDRA (up 8.3%) and HUL (up 7.8%). The most traded stocks in the BSE Sensex are ONGC and SBI.

In the meantime, NSE Nifty is at 8,600 (up 4.0%). The top gainers in the NSE Nifty include ONGC (up 12.5%), GAIL (up 12.2%) and TCS (up 12.0%). Other gainers include HCL TECHNOLOGIES (up 10.4%) and WIPRO (up 10.0%) are among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved down from 38,363 to 29,208, registering a loss of 9,155 points (down 23.91%).

V-MART RETAIL Financial Update...

V-MART RETAIL net profit stood at Rs 582 million for the quarter ended December 2019, compared to a profit of Rs 417 million a year ago. Net Sales rose 20.7% to Rs 5.6 billion during the period as against Rs 4.7 billion in October-December 2018.

For the year ended March 2019, V-MART RETAIL reported 20.7% decrease in net profit to Rs 616.0 million compared to net profit of Rs 777.0 million during FY18.

Revenue of the company grew 17.3% to Rs 14 billion during FY19.

The current Price to earnings ratio of V-MART RETAIL, based on rolling 12 month earnings, stands at 57.6x.

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