RELIANCE CAPITAL share price has plunged 10% and is presently trading at Rs 173.
Meanwhile, the BSE 500 Index is at 15,571 (down 0.4%).
Among the top losers in the BSE 500 Index today are RELIANCE CAPITAL (down 10.0%) and JET AIRWAYS (down 29.4%).
SPICEJET (up 5.9%) and STAR CEMENT LTD (up 5.9%) are among the top gainers today.
Over the last one year, RELIANCE CAPITAL has moved down from Rs 439 to Rs 173, registering a loss of Rs 266 (down 60.5%)..
The BSE 500 has moved up from 14,751 to 15,571, registering a gain of 820 points (up 5.6%) during the last 12 months.
The top gainers among the BSE 500 Index stocks during this same period were ADANI POWER (up 113.3%), BALRAMPUR CHINI (up 98.6%) and VINATI ORGANICS (up 90.1%).
What About the Benchmark Indices?
The BSE Sensex is at 39,487 (down 0.2%). The top gainers among the BSE Sensex stocks today are TATA MOTORS DVR (up 3.3%). The most traded stocks in the BSE Sensex are WIPRO and TATA MOTORS.
In the meantime, NSE Nifty is at 11,856 (down 0.1%). TATA MOTORS (up 3.4%) and RELIANCE IND. (up 2.9%) are among the top gainers in NSE Nifty.
Over the last 12 months, the BSE Sensex has moved up from 34,305 to 39,487, registering a gain of 5,182 points (up 14.3%).
RELIANCE CAPITAL Financial Update…
RELIANCE CAPITAL net profit down at Rs 2 billion for the quarter ended December 2018, compared to a loss of Rs 3 billion a year ago. Net Sales rose 5.3% to Rs 50.0 billion during the period as against Rs 47.5 billion in October-December 2017.
For the year ended March 2018, RELIANCE CAPITAL reported 1.0% decrease in net profit to Rs 12.3 billion compared to net profit of Rs 12.5 billion during FY17.
Revenue of the company grew 13.5% to Rs 199 billion during FY18.
The current Price to earnings ratio of RELIANCE CAPITAL, based on rolling 12 month earnings, stands at 4.9x. p >
This article (RELIANCE CAPITAL Plunges by 10%; BSE 500 Index Down 0.4%) is authored by Equitymaster.