Indraprastha Gas share price has plunged 3% and is presently trading at Rs 426.4.
Meanwhile, the BSE OIL & GAS index is at 26,961.0 (down 0.5%).
Among the top losers in the BSE OIL & GAS index today are GAIL (down 2.2%) and Petronet LNG (down 1.6%).
ADANI TOTAL GAS (up 0.8%) and HPCL (up 0.7%) are among the top gainers today.
Over the last one year, Indraprastha Gas has moved up from Rs 396.0 to Rs 426.4, registering a gain of Rs 30.4 (up 7.7%).
On the other hand, the BSE OIL & GAS index has moved up from 19,354.6 to 26,961.0, registering a gain of 39.3% during the last 12 months.
The top gainers among the BSE OIL & GAS index stocks during this same period were HPCL (up 92.5%), BPCL (up 62.1%) and Petronet LNG (up 61.1%).
For Investors: Our Big Prediction
The BSE Sensex is at 79,481.2 .
The top losers among the BSE Sensex today are Asian Paints (down 1.4%) and NTPC (down 1.2%). The most traded stocks in the BSE Sensex are Tata Steel and Tata Motors.
In the meantime, NSE Nifty is at 24,229.1 (up 0.4%). Trent and ICICI Bank are among the top gainers in NSE NIFTY.
Over the last 12 months, the BSE Sensex has moved up from 64,975.6 to 79,481.2, registering a gain of 14,505.6 points (up 22.3%).
Indraprastha Gas net profit fell 21.4% YoY to Rs 3,637 million for the quarter ended September 2024, compared to a profit of Rs 4,625 million a year ago. Net sales rose 7.0% to Rs 40,884 million during the period as against Rs 38,225 million in July-September 2023.
For the year ended March 2024, Indraprastha Gas reported 21.0% increase in net profit to Rs 19,834 million compared to net profit of Rs 16,397 million during FY23. Revenue of the company fell 1.0% to Rs 125,435 million during FY24.
The current Price to earnings ratio of Indraprastha Gas, based on rolling 12 month earnings, stands at 19.8.
Equitymaster requests your view! Post a comment on "Indraprastha Gas Plunges 3%; BSE OIL & GAS Index Down 0.5%". Click here!
Comments are moderated by Equitymaster, in accordance with the Terms of Use, and may not appear
on this article until they have been reviewed and deemed appropriate for posting.
In the meantime, you may want to share this article with your friends!