MRPL share price has plunged 5% and is presently trading at Rs 150.9.
Meanwhile, the BSE OIL & GAS index is at 28,926.2 (down 0.9%).
Among the top losers in the BSE OIL & GAS index today are GAIL (down 1.5%) and BPCL (down 1.3%).
Indraprastha Gas (up 1.2%) is among the top gainers today.
Over the last one year, MRPL has moved up from Rs 107.5 to Rs 150.9, registering a gain of Rs 43.5 (up 40.4%).
On the other hand, the BSE OIL & GAS index has moved up from 19,004.0 to 28,926.2, registering a gain of 52.2% during the last 12 months.
The top gainers among the BSE OIL & GAS index stocks during this same period were HPCL (up 139.5%), BPCL (up 86.6%) and IOC (up 74.4%).
Dear Reader: If You Invest in Midcap Stocks, this is for You
The BSE Sensex is at 80,968.0 (down 0.2%).
The top losers among the BSE Sensex today are Tata Motors (down 2.0%) and Tata Steel (down 1.9%). The most traded stocks in the BSE Sensex are Tata Steel and Tata Motors.
In the meantime, NSE Nifty is at 24,719.8 (down 0.3%). Tata Motors and Tata Steel are among the top losers in NSE NIFTY.
Over the last 12 months, the BSE Sensex has moved up from 65,877.0 to 80,968.0, registering a gain of 15,091.0 points (up 22.9%).
MRPL net profit fell 167.4% YoY to Rs -7,048 million for the quarter ended September 2024, compared to a profit of Rs 10,458 million a year ago. Net sales rose 26.0% to Rs 287,859 million during the period as against Rs 228,438 million in July-September 2023.
For the year ended March 2024, MRPL reported 35.5% increase in net profit to Rs 35,971 million compared to net profit of Rs 26,554 million during FY23. Revenue of the company fell 19.0% to Rs 755,901 million during FY24.
The current Price to earnings ratio of MRPL, based on rolling 12 month earnings, stands at 29.9.
Equitymaster requests your view! Post a comment on "MRPL Plunges 5%; BSE OIL & GAS Index Down 0.9%". 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!