MRPL share price has zoomed 4% and is presently trading at Rs 195.0.
Meanwhile, the BSE OIL & GAS index is at 30,816.1 (up 0.1%).
Among the top gainers in the BSE OIL & GAS index today are GAIL (up 0.3%) and HPCL (up 0.3%).
GUJARAT GAS (down 0.1%) and Petronet LNG (down 0.1%) are among the top losers today.
Over the last one year, MRPL has moved up from Rs 94.7 to Rs 195.0, registering a gain of Rs 100.3 (up 106.0%).
On the other hand, the BSE OIL & GAS index has moved up from 19,278.9 to 30,816.1, registering a gain of 59.8% during the last 12 months.
The top gainers among the BSE OIL & GAS index stocks during this same period were HPCL (up 138.9%), BPCL (up 88.2%) and IOC (up 84.2%).
Must See: These Segments are Witnessing Incredible Growth with Modi's Push
The BSE Sensex is at 83,023.0 (down 0.1%).
The top losers among the BSE Sensex today are Tech Mahindra (down 2.2%) and Infosys (down 2.0%). The most traded stocks in the BSE Sensex are Tata Motors and NTPC.
In the meantime, NSE Nifty is at 25,404.0 (down 0.1%). Tech Mahindra and LTIMINDTREE are among the top losers in NSE NIFTY.
Over the last 12 months, the BSE Sensex has moved up from 67,596.8 to 83,023.0, registering a gain of 15,426.2 points (up 22.8%).
MRPL net profit fell 93.5% YoY to Rs 656 million for the quarter ended June 2024, compared to a profit of Rs 10,127 million a year ago. Net sales rose 9.9% to Rs 272,894 million during the period as against Rs 248,251 million in April-June 2023.
For the year ended March 2024, MRPL reported 35.5% increase in net profit to Rs 35,971 million compared to net profit of Rs 26,554 million during FY23. Revenue of the company fell 19.0% to Rs 755,901 million during FY24.
The current Price to earnings ratio of MRPL, based on rolling 12 month earnings, stands at 13.0.
Equitymaster requests your view! Post a comment on "MRPL Gains 4%; BSE OIL & GAS Index Up 0.1%". 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!