KRBL share price has zoomed 10% and is presently trading at Rs 235.
Meanwhile, the BSE 500 Index is at 13,144 (up 0.7%).
Among the top Gainers in the BSE 500 Index today are KRBL (up 10.4%) and VENKYS (I) LIMITED (up 15.7%).
HONEYWELL AUTOMATION and STRIDES PHARMA SCIENCE are among the top losers today.
Over the last one year, KRBL has moved down from Rs 343 to Rs 235, registering a loss of Rs 108 (down 32.6%).
On the other hand, the BSE 500 has moved down from 15,636 to 13,144, loss of 2,492 points (down 16.3%) during the last 12 months.
The top gainers among the BSE 500 Index stocks during this same period were ADANI GREEN ENERGY (up 514.9%), NAVIN FLUORINE (up 123.6%) and ABBOTT INDIA (up 113.5%).
DISCOVER: How to Potentially Multiply Your Returns by Upto 5x...
The BSE Sensex is at 34,357 (up 0.3%).
The top gainers among the BSE Sensex stocks today are TATA STEEL (up 6.2%), ONGC (up 3.0%) and SUN PHARMA (up 2.5%). Other gainers include SBI (up 2.3%) and L&T (up 2.2%). The most traded stocks in the BSE Sensex are SBI and TATA STEEL.
In the meantime, NSE Nifty is at 10,148 (up 0.7%). The top gainers in the NSE Nifty include TATA MOTORS (up 8.0%), TATA STEEL (up 6.1%) and BHARTI INFRATEL (up 6.1%). Other gainers include UPL (up 5.1%) and HINDALCO (up 4.8%) are among the top gainers in NSE Nifty.
Over the last 12 months, the BSE Sensex has moved down from 40,084 to 34,357, registering a loss of 5,727 points (down 14.98%).
KRBL net profit stood at Rs 2 billion for the quarter ended December 2019, compared to a profit of Rs 1 billion a year ago. Net Sales rose 42.0% to Rs 13.3 billion during the period as against Rs 9.4 billion in October-December 2018.
For the year ended March 2019, KRBL reported 15.8% increase in net profit to Rs 5.0 billion compared to net profit of Rs 4.3 billion during FY18.
Revenue of the company grew 26.9% to Rs 41 billion during FY19.
The current Price to earnings ratio of KRBL, based on rolling 12 month earnings, stands at 9.9x. p >
What else is happening in the markets today? Dig in...
The week belonged to the bulls after bears ended the party in February. March started with gains for the bulls but historically, March has been a bears' month.
Indian share markets end lower with the Sensex down by 441 points and the Nifty ending down by 143 points.
GRINDWELL NORTON share price is trading down by 5% and its current market price is Rs 950. The BSE CAPITAL GOODS is down by 1.5%. The top gainers in the BSE CAPITAL GOODS Index are V GUARD INDUSTRIES (up 3.3%) and AIA ENGINEERING (up 0.3%). The top losers is GRINDWELL NORTON (down 5.1%).
ADITYA BIRLA CAPITAL share price is trading down by 5% and its current market price is Rs 131. The BSE 500 is down by 1.1%. The top gainers in the BSE 500 Index are TV18 BROADCAST (up 7.3%) and MOTILAL OSWAL (up 5.9%). The top losers are ADITYA BIRLA CAPITAL (down 5.0%) and APOLLO HOSPITALS (down 5.2%).
HAVELLS INDIA share price is trading down by 5% and its current market price is Rs 1,163. The BSE CONSUMER DURABLES is down by 0.7%. The top gainers in the BSE CONSUMER DURABLES Index are BLUE STAR (up 1.7%) and CROMPTON GREAVES CONSUMER ELEC. (up 1.3%). The top losers is HAVELLS INDIA (down 5.1%).
BALMER LAWRIE share price is trading down by 5% and its current market price is Rs 148. The BSE 500 is down by 1.1%. The top gainers in the BSE 500 Index are TV18 BROADCAST (up 6.8%) and MOTILAL OSWAL (up 6.1%). The top losers are BALMER LAWRIE (down 5.0%) and APOLLO HOSPITALS (down 5.5%).
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 show you how to get started on the path to daily trading profits.
An Indian company founded three decades ago in a garage caught my attention...
In this episode of the Investor Hour, India's #1 trader, Vijay Bhambwani, talks to us about the stock market, his new targets for gold and silver, the best long-term investment opportunity, and a lot more.
More
Equitymaster requests your view! Post a comment on "KRBL Surges by 10%; 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!