Helping You Build Wealth With Honest Research
Since 1996. Read On...

MEMBER'S LOGINX

     
Invalid Username / Password
   
     
   
     
 
Invalid Captcha
   
 
 
 
(Please do not use this option on a public machine)
 
     
 
 
 
  Sign Up | Forgot Password?  

DEEP INDUSTRIES Gains 8%; BSE OIL & GAS Index Up 0.7%
Thu, 28 Nov 9:56

DEEP INDUSTRIES Gains 8%; BSE OIL & GAS Index Up 0.7%Image source: StarLineArts/www.istockphoto.com

DEEP INDUSTRIES share price has zoomed 8% and is presently trading at Rs 542.6.

Meanwhile, the BSE OIL & GAS index is at 26,715.3 (up 0.7%).

Among the top gainers in the BSE OIL & GAS index today are ADANI TOTAL GAS (up 8.5%) and Indraprastha Gas (up 0.8%).

Reliance Ind. (down 0.1%) is among the top losers today.

Over the last one year, DEEP INDUSTRIES has moved up from Rs 271.2 to Rs 542.6, registering a gain of Rs 271.4 (up 100.1%).

On the other hand, the BSE OIL & GAS index has moved up from 20,125.9 to 26,715.3, registering a gain of 32.7% during the last 12 months.

The top gainers among the BSE OIL & GAS index stocks during this same period were Petronet LNG (up 67.7%), HPCL (up 67.5%) and GAIL (up 56.6%).

Dear Reader: If You Invest in Midcap Stocks, this is for You

What About the Benchmark Indices?

The BSE Sensex is at 80,221.9 .

The top losers among the BSE Sensex today are Tech Mahindra (down 1.3%) and M&M (down 1.3%). The most traded stocks in the BSE Sensex are MUNDRA PORT & SEZ and Axis Bank.

In the meantime, NSE Nifty is at 24,296.5 (up 0.1%). Adani Enterprises and Shriram Transport are among the top gainers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 66,174.2 to 80,221.9, registering a gain of 14,047.7 points (up 21.2%).

DEEP INDUSTRIES Financial Update...

DEEP INDUSTRIES net profit grew 40.7% YoY to Rs 415 million for the quarter ended September 2024, compared to a profit of Rs 295 million a year ago. Net sales rose 28.9% to Rs 1,306 million during the period as against Rs 1,013 million in July-September 2023.

For the year ended March 2024, DEEP INDUSTRIES reported 0.1% decrease in net profit to Rs 1,252 million compared to net profit of Rs 1,253 million during FY23. Revenue of the company grew 25.1% to Rs 4,270 million during FY24.

The current Price to earnings ratio of DEEP INDUSTRIES, based on rolling 12 month earnings, stands at 24.0.


Equitymaster requests your view! Post a comment on "DEEP INDUSTRIES Gains 8%; BSE OIL & GAS Index Up 0.7%". Click here!