INOX GREEN ENERGY share price has zoomed 7% and is presently trading at Rs 158.3.
Meanwhile, the BSE OIL & GAS index is at 26,743.3 (down 0.3%).
Among the top gainers in the BSE OIL & GAS index today are Indraprastha Gas (up 3.1%) and Petronet LNG (up 1.3%).
ADANI TOTAL GAS (down 4.3%) and IOC (down 0.9%) are among the top losers today.
Over the last one year, INOX GREEN ENERGY has moved up from Rs 71.7 to Rs 158.3, registering a gain of Rs 86.6 (up 120.7%).
On the other hand, the BSE OIL & GAS index has moved up from 20,125.9 to 26,743.3, registering a gain of 32.9% during the last 12 months.
The top gainers among the BSE OIL & GAS index stocks during this same period were Petronet LNG (up 71.8%), HPCL (up 66.5%) and GAIL (up 57.8%).
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The BSE Sensex is at 79,710.9 (down 0.1%).
The top losers among the BSE Sensex today are Indusind Bank (down 1.5%) and L&T (down 1.3%). The most traded stocks in the BSE Sensex are Tata Steel and Kotak Bank.
In the meantime, NSE Nifty is at 24,112.7 (down 0.1%). HDFC LIFE INSURANCE and Indusind Bank are among the top losers in NSE NIFTY.
Over the last 12 months, the BSE Sensex has moved up from 66,174.2 to 79,710.9, registering a gain of 13,536.7 points (up 20.5%).
INOX GREEN ENERGY net profit grew 80.4% YoY to Rs 61 million for the quarter ended September 2024, compared to a profit of Rs 34 million a year ago. Net sales rose 16.4% to Rs 552 million during the period as against Rs 474 million in July-September 2023.
For the year ended March 2024, INOX GREEN ENERGY reported 164.1% increase in net profit to Rs 298 million compared to net loss of Rs 465 million during FY23. Revenue of the company fell 10.4% to Rs 2,243 million during FY24.
The current Price to earnings ratio of INOX GREEN ENERGY, based on rolling 12 month earnings, stands at 198.1.
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