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KOTYARK INDUSTRIES Gains 12%; BSE OIL & GAS Index Down 1.9%
Thu, 21 Nov 10:59

KOTYARK INDUSTRIES Gains 12%; BSE OIL & GAS Index Down 1.9%Image source: Eoneren/www.istockphoto.com

KOTYARK INDUSTRIES share price has zoomed 12% and is presently trading at Rs 1,084.0.

Meanwhile, the BSE OIL & GAS index is at 25,125.2 (down 1.9%).

Among the top gainers in the BSE OIL & GAS index today are Petronet LNG (up 1.5%) and GUJARAT GAS (up 0.1%).

ADANI TOTAL GAS (down 15.9%) and Indraprastha Gas (down 2.7%) are among the top losers today.

Over the last one year, KOTYARK INDUSTRIES has moved up from Rs 792.4 to Rs 1,084.0, registering a gain of Rs 291.6 (up 36.8%).

On the other hand, the BSE OIL & GAS index has moved up from 19,430.7 to 25,125.2, registering a gain of 29.3% during the last 12 months.

The top gainers among the BSE OIL & GAS index stocks during this same period were HPCL (up 75.2%), Petronet LNG (up 63.1%) and GAIL (up 47.1%).

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What About the Benchmark Indices?

The BSE Sensex is at 77,048.8 (down 0.7%).

The top losers among the BSE Sensex today are MUNDRA PORT & SEZ (down 20.0%) and SBI (down 3.9%). The most traded stocks in the BSE Sensex are Tata Steel and Tata Motors.

In the meantime, NSE Nifty is at 23,333.8 (down 0.8%). Adani Enterprises and MUNDRA PORT & SEZ are among the top losers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 65,655.2 to 77,048.8, registering a gain of 11,393.6 points (up 17.4%).

KOTYARK INDUSTRIES Financial Update...

KOTYARK INDUSTRIES net profit grew 29.2% YoY to Rs 43 million for the quarter ended December 2022, compared to a profit of Rs 33 million a year ago. Net sales declined 25.6% to Rs 356 million during the period as against Rs 479 million in October-December 2021.

For the year ended March 2024, KOTYARK INDUSTRIES reported 54.7% increase in net profit to Rs 222 million compared to net profit of Rs 143 million during FY23. Revenue of the company grew 106.9% to Rs 2,710 million during FY24.


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