SARDA ENERGY & MIN share price has plunged 5% and is presently trading at Rs 451.3.
Meanwhile, the BSE METAL index is at 31,535.1 (up 0.5%).
Among the top losers in the BSE METAL index today are APOLLO TUBES (down 2.4%) and Vedanta .
Hindustan Zinc (up 2.1%) and Jindal Steel (up 1.5%) are among the top gainers today.
Over the last one year, SARDA ENERGY & MIN has moved up from Rs 205.0 to Rs 451.3, registering a gain of Rs 246.3 (up 120.1%).
On the other hand, the BSE METAL index has moved up from 22,292.0 to 31,535.1, 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 Vedanta (up 118.1%), Hindustan Zinc (up 91.7%) and Hindalco (up 52.6%).
Dear Reader: If You Invest in Midcap Stocks, this is for You
The BSE Sensex is at 80,209.9 (down 0.2%).
The top losers among the BSE Sensex today are ICICI Bank (down 1.7%) and Axis Bank (down 1.1%). The most traded stocks in the BSE Sensex are Power Grid Corp. and Tata Motors.
In the meantime, NSE Nifty is at 24,437.3 (down 0.1%). Cipla and SBI LIFE INSURANCE are among the top losers in NSE NIFTY.
Over the last 12 months, the BSE Sensex has moved up from 64,112.7 to 80,209.9, registering a gain of 16,097.3 points (up 25.1%).
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 2024, SARDA ENERGY & MIN reported 15.9% decrease in net profit to Rs 5,086 million compared to net profit of Rs 6,050 million during FY23. Revenue of the company fell 8.2% to Rs 38,681 million during FY24.
The current Price to earnings ratio of SARDA ENERGY & MIN, based on rolling 12 month earnings, stands at 30.1.
Equitymaster requests your view! Post a comment on "SARDA ENERGY & MIN Plunges 5%; BSE METAL Index Up 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!