IFCI share price has plunged 8% and is presently trading at Rs 8.
Meanwhile, the BSE 500 Index is at 13,516 (down 0.5%).
Among the top losers in the BSE 500 Index today are IFCI (down 8.2%) and MAS FINANCIAL SERVICES LTD (down 9.5%).
GSK CONSUMER (up 5.1%) and LAKSHMI VILAS BANK (up 5.0%) are among the top gainers today.
Over the last one year, IFCI has moved down from Rs 11 to Rs 8, registering a loss of Rs 2 (down 19.8%)..
The BSE 500 has moved down from 15,332 to 13,516, loss of 1,816 points (down 11.8%) during the last 12 months.
The top gainers among the BSE 500 Index stocks during this same period were ADANI GREEN ENERGY (up 809.8%), DIXON TECHNOLOGIES (up 149.6%) and NAVIN FLUORINE (up 123.8%).
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The BSE Sensex is at 34,957 (down 0.7%). The top gainers among the BSE Sensex stocks today are ITC (up 1.9%). The most traded stocks in the BSE Sensex are ITC and SUN PHARMA.
In the meantime, NSE Nifty is at 10,326 (down 0.7%). ITC (up 2.1%) and M&M (up 1.5%) are among the top gainers in NSE Nifty.
Over the last 12 months, the BSE Sensex has moved down from 39,592 to 34,957, registering a loss of 4,635 points (down 11.77%).
IFCI net profit declined 78.8% YoY to Rs 104 million for the quarter ended June 2019, compared to a loss of Rs 488 million a year ago. Net Sales declined 23.6% to Rs 4.8 billion during the period as against Rs 6.3 billion in April-June 2018.
For the year ended March 2018, IFCI reported 199.6% increase in net profit to Rs 9.7 billion compared to net profit of Rs 3.2 billion during FY17.
Revenue of the company grew 3.7% to Rs 34 billion during FY18.
The current Price to earnings ratio of IFCI, based on rolling 12 month earnings, stands at down 11.5x. p >
What else is happening in the markets today? Dig in...
TATA MOTORS share price is trading up by 5% and its current market price is Rs 346. The BSE AUTO is up by 3.2%. The top gainers in the BSE AUTO Index are TATA MOTORS (up 5.3%) and M&M (up 5.7%).
TRENT share price is trading up by 11% and its current market price is Rs 920. The BSE 500 is up by 0.8%. The top gainers in the BSE 500 Index are TRENT (up 10.6%) and BASF INDIA (up 12.1%). The top losers are CRISIL and BAYER CROPSCIENCE .
JAIN IRRIGATION share price is trading up by 8% and its current market price is Rs 20. The BSE CAPITAL GOODS is up by 1.1%. The top gainers in the BSE CAPITAL GOODS Index are JAIN IRRIGATION (up 8.2%) and NBCC (INDIA) (up 6.0%). The top losers are CARBORUNDUM UNIVERSAL (down 1.4%) and GRAPHITE INDIA (down 2.0%).
ADANI GAS share price is trading up by 10% and its current market price is Rs 585. The BSE 500 is up by 0.9%. The top gainers in the BSE 500 Index are ADANI GAS (up 10.5%) and BASF INDIA (up 10.2%). The top losers are MAHARASHTRA SEAMLESS and TAMIL NADU NEWSPRINT .
IFCI share price is trading up by 13% and its current market price is Rs 11. The BSE 500 is up by 0.6%. The top gainers in the BSE 500 Index are IFCI (up 12.6%) and SYMPHONY (up 17.1%). The top losers are PRESTIGE ESTATES and TV TODAY NETWORK .
Share markets in India are presently trading on a strong note. The BSE Sensex is trading up by 209 points, up 0.4% at 50,058 levels.
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