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INOX GREEN ENERGY Gains 5%; BSE OIL & GAS Index Up 0.2%
Thu, 22 Aug 10:19

INOX GREEN ENERGY Gains 5%; BSE OIL & GAS Index Up 0.2%Image source: Sefa Ozel/www.istockphoto.com

INOX GREEN ENERGY share price has zoomed 5% and is presently trading at Rs 205.3.

Meanwhile, the BSE OIL & GAS index is at 32,572.9 (up 0.2%).

Among the top gainers in the BSE OIL & GAS index today are Petronet LNG (up 0.8%) and IOC (up 0.5%).

GUJARAT GAS (down 0.9%) and Indraprastha Gas (down 0.6%) are among the top losers today.

Over the last one year, INOX GREEN ENERGY has moved up from Rs 69.3 to Rs 205.3, registering a gain of Rs 136.0 (up 196.3%).

On the other hand, the BSE OIL & GAS index has moved up from 18,865.5 to 32,572.9, registering a gain of 72.7% during the last 12 months.

The top gainers among the BSE OIL & GAS index stocks during this same period were HPCL (up 135.6%), GAIL (up 106.3%) and BPCL (up 99.3%).

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What About the Benchmark Indices?

The BSE Sensex is at 81,033.2 (up 0.2%).

The top gainers among the BSE Sensex today are Bharti Airtel (up 1.0%) and Asian Paints (up 0.9%). The most traded stocks in the BSE Sensex are Bharti Airtel and Tata Steel.

In the meantime, NSE Nifty is at 24,813.8 (up 0.2%). Grasim Industries and Tata Consumer Products are among the top gainers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 65,216.1 to 81,033.2, registering a gain of 15,817.1 points (up 24.3%).

INOX GREEN ENERGY Financial Update...

INOX GREEN ENERGY net profit fell 77.1% YoY to Rs 9 million for the quarter ended June 2024, compared to a profit of Rs 41 million a year ago. Net sales declined 10.1% to Rs 509 million during the period as against Rs 566 million in April-June 2023.

For the year ended March 2023, INOX GREEN ENERGY reported 311.3% decrease in net profit to Rs -204 million compared to net loss of Rs 50 million during FY22. Revenue of the company grew 47.7% to Rs 2,542 million during FY23.

The current Price to earnings ratio of INOX GREEN ENERGY, based on rolling 12 month earnings, stands at 315.5.


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