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SELAN EXPLOR Gains 7%; BSE OIL & GAS Index Down 0.9%
Tue, 29 Oct 10:10

SELAN EXPLOR Gains 7%; BSE OIL & GAS Index Down 0.9%Image source: alexsl/www.istockphoto.com

SELAN EXPLOR share price has zoomed 7% and is presently trading at Rs 846.0.

Meanwhile, the BSE OIL & GAS index is at 27,343.3 (down 0.9%).

Among the top gainers in the BSE OIL & GAS index today is Indraprastha Gas (up 4.0%).

IOC (down 2.4%) and GAIL (down 1.6%) are among the top losers today.

Over the last one year, SELAN EXPLOR has moved up from Rs 419.6 to Rs 846.0, registering a gain of Rs 426.5 (up 101.6%).

On the other hand, the BSE OIL & GAS index has moved up from 18,128.5 to 27,343.3, registering a gain of 50.8% during the last 12 months.

The top gainers among the BSE OIL & GAS index stocks during this same period were HPCL (up 133.4%), BPCL (up 81.9%) and GAIL (up 70.0%).

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

What About the Benchmark Indices?

The BSE Sensex is at 79,621.0 (down 0.5%).

The top losers among the BSE Sensex today are Tata Motors (down 2.8%) and Bharti Airtel (down 2.5%). The most traded stocks in the BSE Sensex are Tata Steel and NTPC.

In the meantime, NSE Nifty is at 24,209.6 (down 0.5%). Bajaj Auto and Cipla are among the top losers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 64,049.1 to 79,621.0, registering a gain of 15,571.9 points (up 24.3%).

SELAN EXPLOR Financial Update...

SELAN EXPLOR net profit grew 260.9% YoY to Rs 182 million for the quarter ended June 2024, compared to a profit of Rs 50 million a year ago. Net sales rose 125.7% to Rs 635 million during the period as against Rs 281 million in April-June 2023.

For the year ended March 2024, SELAN EXPLOR reported 6.1% increase in net profit to Rs 327 million compared to net profit of Rs 308 million during FY23. Revenue of the company grew 40.4% to Rs 1,656 million during FY24.

The current Price to earnings ratio of SELAN EXPLOR, based on rolling 12 month earnings, stands at 28.0.


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