SELAN EXPLOR share price has plunged 8% and is presently trading at Rs 880.0.
Meanwhile, the BSE OIL & GAS index is at 30,920.2 (down 0.4%).
Among the top losers in the BSE OIL & GAS index today are IOC (down 1.9%) and BPCL (down 1.9%).
Indraprastha Gas (up 2.3%) and ADANI TOTAL GAS (up 1.4%) are among the top gainers today.
Over the last one year, SELAN EXPLOR has moved up from Rs 380.8 to Rs 880.0, registering a gain of Rs 499.3 (up 131.1%).
On the other hand, the BSE OIL & GAS index has moved up from 19,105.7 to 30,920.2, registering a gain of 61.8% during the last 12 months.
The top gainers among the BSE OIL & GAS index stocks during this same period were HPCL (up 110.2%), GAIL (up 92.3%) and BPCL (up 81.6%).
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The BSE Sensex is at 78,746.0 .
The top losers among the BSE Sensex today are Bharti Airtel (down 1.4%) and M&M (down 1.3%). The most traded stocks in the BSE Sensex are Tata Steel and Tata Motors.
In the meantime, NSE Nifty is at 24,033.1 (down 0.1%). HDFC LIFE INSURANCE and SBI LIFE INSURANCE are among the top losers in NSE NIFTY.
Over the last 12 months, the BSE Sensex has moved up from 65,782.8 to 78,746.0, registering a gain of 12,963.2 points (up 19.7%).
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 2023, SELAN EXPLOR reported 210.8% increase in net profit to Rs 308 million compared to net profit of Rs 99 million during FY22. Revenue of the company grew 52.8% to Rs 1,179 million during FY23.
The current Price to earnings ratio of SELAN EXPLOR, based on rolling 12 month earnings, stands at 29.1.
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