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SUZLON ENERGY Gains 5%; BSE OIL & GAS Index Up 1.0%
Tue, 19 Nov 13:22

SUZLON ENERGY Gains 5%; BSE OIL & GAS Index Up 1.0%Image source: Ivcandy/www.istockphoto.com

SUZLON ENERGY share price has zoomed 5% and is presently trading at Rs 62.4.

Meanwhile, the BSE OIL & GAS index is at 26,023.4 (up 1.0%).

Among the top gainers in the BSE OIL & GAS index today are GAIL (up 2.2%) and Petronet LNG (up 1.9%).

Indraprastha Gas (down 0.9%) and ONGC (down 0.3%) are among the top losers today.

Over the last one year, SUZLON ENERGY has moved up from Rs 40.5 to Rs 62.4, registering a gain of Rs 21.9 (up 54.0%).

On the other hand, the BSE OIL & GAS index has moved up from 19,548.4 to 26,023.4, registering a gain of 33.1% during the last 12 months.

The top gainers among the BSE OIL & GAS index stocks during this same period were HPCL (up 76.8%), Petronet LNG (up 60.6%) and GAIL (up 49.3%).

Revealed: Our Big Prediction

What About the Benchmark Indices?

The BSE Sensex is at 78,398.3 (up 1.4%).

The top gainers among the BSE Sensex today are M&M (up 4.8%) and Tech Mahindra (up 3.5%). The most traded stocks in the BSE Sensex are Tata Steel and Kotak Bank.

In the meantime, NSE Nifty is at 23,762.2 (up 1.3%). M&M and Trent are among the top gainers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 65,675.9 to 78,398.3, registering a gain of 12,722.4 points (up 19.4%).

SUZLON ENERGY Financial Update...

SUZLON ENERGY net profit grew 96.1% YoY to Rs 2,006 million for the quarter ended September 2024, compared to a profit of Rs 1,023 million a year ago. Net sales rose 48.0% to Rs 21,034 million during the period as against Rs 14,214 million in July-September 2023.

For the year ended March 2024, SUZLON ENERGY reported 77.1% decrease in net profit to Rs 6,604 million compared to net profit of Rs 28,873 million during FY23. Revenue of the company grew 9.4% to Rs 65,291 million during FY24.

The current Price to earnings ratio of SUZLON ENERGY, based on rolling 12 month earnings, stands at 88.7.


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