Helping You Build Wealth With Honest Research
Since 1996. Read On...

MEMBER'S LOGINX

     
Invalid Username / Password
   
     
   
     
 
Invalid Captcha
   
 
 
 
(Please do not use this option on a public machine)
 
     
 
 
 
  Sign Up | Forgot Password?  

SUZLON ENERGY Gains 4%; BSE OIL & GAS Index Up 3.0%
Wed, 7 Aug 10:14

SUZLON ENERGY Gains 4%; BSE OIL & GAS Index Up 3.0%Image source: DNY59/www.istockphoto.com

SUZLON ENERGY share price has zoomed 4% and is presently trading at Rs 68.7.

Meanwhile, the BSE OIL & GAS index is at 31,755.6 (up 3.0%).

Among the top gainers in the BSE OIL & GAS index today are ONGC (up 6.3%) and BPCL (up 2.8%).

GUJARAT GAS (down 0.9%) is among the top losers today.

Over the last one year, SUZLON ENERGY has moved up from Rs 18.7 to Rs 68.7, registering a gain of Rs 50.0 (up 268.2%).

On the other hand, the BSE OIL & GAS index has moved up from 18,945.7 to 31,755.6, registering a gain of 67.6% during the last 12 months.

The top gainers among the BSE OIL & GAS index stocks during this same period were HPCL (up 121.8%), GAIL (up 100.7%) and BPCL (up 90.6%).

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

What About the Benchmark Indices?

The BSE Sensex is at 79,162.4 (up 0.7%).

The top gainers among the BSE Sensex today are MUNDRA PORT & SEZ (up 2.2%) and Maruti Suzuki (up 2.0%). The most traded stocks in the BSE Sensex are Tata Steel and Tata Motors.

In the meantime, NSE Nifty is at 24,198.8 (up 0.9%). ONGC and Coal India are among the top gainers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 65,953.5 to 79,162.4, registering a gain of 13,208.9 points (up 20.0%).

SUZLON ENERGY Financial Update...

SUZLON ENERGY net profit grew 199.6% YoY to Rs 3,023 million for the quarter ended June 2024, compared to a profit of Rs 1,009 million a year ago. Net sales rose 49.6% to Rs 20,216 million during the period as against Rs 13,510 million in April-June 2023.

For the year ended March 2023, SUZLON ENERGY reported 1837.3% increase in net profit to Rs 28,873 million compared to net loss of Rs 1,662 million during FY22. Revenue of the company fell 9.3% to Rs 59,705 million during FY23.

The current Price to earnings ratio of SUZLON ENERGY, based on rolling 12 month earnings, stands at 108.8.


Equitymaster requests your view! Post a comment on "SUZLON ENERGY Gains 4%; BSE OIL & GAS Index Up 3.0%". Click here!