POWER GRID share price has plunged 6% and is presently trading at Rs 188.
Meanwhile, the BSE POWER Index is at 1,678 (down 2.8%).
Among the top losers in the BSE POWER Index today is POWER GRID (down 5.5%).
RELIANCE INFRA (up 4.9%) and BHEL (up 4.3%) are among the top gainers today.
Over the last one year, POWER GRID has moved down from Rs 199 to Rs 188, registering a loss of Rs 11 (down 5.3%)..
The BSE POWER has moved down from 2,024 to 1,678, loss of 346 points (down 17.1%) during the last 12 months.
The top gainers among the BSE POWER Index stocks during this same period were GMR INFRA (up 34.7%), TORRENT POWER LTD (up 33.8%) and ADANI TRANSMISSION (up 13.9%).
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The BSE Sensex is at 35,707 (down 1.6%). The top gainers among the BSE Sensex stocks today are ASIAN PAINTS (up 3.7%). The most traded stocks in the BSE Sensex are ITC and RELIANCE IND..
In the meantime, NSE Nifty is at 10,553 (down 1.6%). ASIAN PAINTS (up 3.8%) is among the top gainers in NSE Nifty.
Over the last 12 months, the BSE Sensex has moved down from 39,123 to 35,707, registering a loss of 3,416 points (down 10.89%).
POWER GRID net profit down at Rs 22 billion for the quarter ended March 2020, compared to a loss of Rs 23 billion a year ago. Net Sales rose 7.9% to Rs 97.0 billion during the period as against Rs 89.9 billion in January-March 2019.
For the year ended March 2019, POWER GRID reported 163.2% increase in net profit to Rs 125.6 billion compared to net profit of Rs 47.7 billion during FY18.
Revenue of the company grew 17.0% to Rs 351 billion during FY19.
The current Price to earnings ratio of POWER GRID, based on rolling 12 month earnings, stands at 10.2x. p >
What else is happening in the markets today? Dig in...
The market see-sawed during the week with both the bulls and bears swinging it out. But in the end, it was the bears who won. The Nifty ended the day, the week, and the month at 14,529.15.
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%).
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%).
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