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MULTIBASE INDIA Plunges 14%; BSE OIL & GAS Index Up 0.6%
Wed, 27 Nov 9:20

MULTIBASE INDIA Plunges 14%; BSE OIL & GAS Index Up 0.6%Image source: ThinkNeo/www.istockphoto.com

MULTIBASE INDIA share price has plunged 14% and is presently trading at Rs 489.8.

Meanwhile, the BSE OIL & GAS index is at 26,464.3 (up 0.6%).

Among the top losers in the BSE OIL & GAS index today is Petronet LNG (down 1.1%).

HPCL (up 1.9%) and BPCL (up 1.7%) are among the top gainers today.

Over the last one year, MULTIBASE INDIA has moved up from Rs 224.6 to Rs 489.8, registering a gain of Rs 265.3 (up 118.1%).

On the other hand, the BSE OIL & GAS index has moved up from 20,125.9 to 26,464.3, registering a gain of 31.5% during the last 12 months.

The top gainers among the BSE OIL & GAS index stocks during this same period were HPCL (up 69.1%), Petronet LNG (up 65.5%) and GAIL (up 55.4%).

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

What About the Benchmark Indices?

The BSE Sensex is at 80,121.0 (up 0.1%).

The top gainers among the BSE Sensex today are M&M (up 1.6%) and Infosys (up 0.9%). The most traded stocks in the BSE Sensex are Tata Steel and NTPC.

In the meantime, NSE Nifty is at 24,196.7 . M&M and Coal India are among the top gainers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 66,174.2 to 80,121.0, registering a gain of 13,946.8 points (up 21.1%).

MULTIBASE INDIA Financial Update...

MULTIBASE INDIA net profit grew 113.2% YoY to Rs 43 million for the quarter ended September 2024, compared to a profit of Rs 20 million a year ago. Net sales rose 13.3% to Rs 184 million during the period as against Rs 163 million in July-September 2023.

For the year ended March 2024, MULTIBASE INDIA reported 13.9% increase in net profit to Rs 112 million compared to net profit of Rs 98 million during FY23. Revenue of the company fell 10.4% to Rs 647 million during FY24.

The current Price to earnings ratio of MULTIBASE INDIA, based on rolling 12 month earnings, stands at 41.4.


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