SUZLON ENERGY share price has zoomed 3% and is presently trading at Rs 54.7.
Meanwhile, the BSE OIL & GAS index is at 28,731.2 (down 0.5%).
Among the top gainers in the BSE OIL & GAS index today are GUJARAT GAS (up 1.4%) and Petronet LNG (up 1.3%).
ADANI TOTAL GAS (down 1.3%) and GAIL (down 1.1%) are among the top losers today.
Over the last one year, SUZLON ENERGY has moved up from Rs 14.0 to Rs 54.7, registering a gain of Rs 40.7 (up 291.1%).
On the other hand, the BSE OIL & GAS index has moved up from 18,362.7 to 28,731.2, registering a gain of 56.5% during the last 12 months.
The top gainers among the BSE OIL & GAS index stocks during this same period were GAIL (up 99.0%), HPCL (up 84.9%) and IOC (up 80.8%).
Must See: These Segments are Witnessing Incredible Growth with Modi's Push
The BSE Sensex is at 77,341.1 (up 0.2%).
The top gainers among the BSE Sensex today are M&M (up 2.8%) and Power Grid Corp. (up 2.2%). The most traded stocks in the BSE Sensex are SBI and ICICI Bank.
In the meantime, NSE Nifty is at 23,537.8 (up 0.2%). M&M and Power Grid Corp. are among the top gainers in NSE NIFTY.
Over the last 12 months, the BSE Sensex has moved up from 63,523.2 to 77,341.1, registering a gain of 13,817.9 points (up 21.8%).
SUZLON ENERGY net profit fell 20.6% YoY to Rs 2,541 million for the quarter ended March 2024, compared to a profit of Rs 3,200 million a year ago. Net sales rose 29.6% to Rs 21,962 million during the period as against Rs 16,941 million in January-March 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 113.0.
Equitymaster requests your view! Post a comment on "SUZLON ENERGY Gains 3%; BSE OIL & GAS Index Down 0.5%". Click here!
Comments are moderated by Equitymaster, in accordance with the Terms of Use, and may not appear
on this article until they have been reviewed and deemed appropriate for posting.
In the meantime, you may want to share this article with your friends!