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SARDA ENERGY & MIN Gains 6%; BSE METAL Index Down 1.2%
Wed, 14 Aug 14:21

SARDA ENERGY & MIN Gains 6%; BSE METAL Index Down 1.2%Image source: phive2015/www.istockphoto.com

SARDA ENERGY & MIN share price has zoomed 6% and is presently trading at Rs 318.7.

Meanwhile, the BSE METAL index is at 30,398.6 (down 1.2%).

Among the top gainers in the BSE METAL index today are Jindal Steel (up 2.3%) and Hindalco (up 0.9%).

NMDC (down 5.3%) and Coal India (down 3.3%) are among the top losers today.

Over the last one year, SARDA ENERGY & MIN has moved up from Rs 192.6 to Rs 318.7, registering a gain of Rs 126.1 (up 65.5%).

On the other hand, the BSE METAL index has moved up from 21,481.0 to 30,398.6, registering a gain of 41.5% during the last 12 months.

The top gainers among the BSE METAL index stocks during this same period were Coal India (up 115.5%), Hindustan Zinc (up 81.7%) and Vedanta (up 79.9%).

Must See: These Segments are Witnessing Incredible Growth with Modi's Push

What About the Benchmark Indices?

The BSE Sensex is at 79,159.7 (up 0.3%).

The top gainers among the BSE Sensex today are TCS (up 2.0%) and HCl Tech. (up 1.9%). The most traded stocks in the BSE Sensex are Tata Steel and Infosys.

In the meantime, NSE Nifty is at 24,172.5 (up 0.1%). TCS and HCl Tech. are among the top gainers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 65,401.9 to 79,159.7, registering a gain of 13,757.8 points (up 21.0%).

SARDA ENERGY & MIN Financial Update...

SARDA ENERGY & MIN net profit grew 11.5% YoY to Rs 1,945 million for the quarter ended June 2024, compared to a profit of Rs 1,745 million a year ago. Net sales declined 12.0% to Rs 9,262 million during the period as against Rs 10,521 million in April-June 2023.

For the year ended March 2023, SARDA ENERGY & MIN reported 25.1% decrease in net profit to Rs 6,050 million compared to net profit of Rs 8,082 million during FY22. Revenue of the company grew 7.6% to Rs 42,119 million during FY23.

The current Price to earnings ratio of SARDA ENERGY & MIN, based on rolling 12 month earnings, stands at 21.2.


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