Helping You Build Wealth With Honest Research
Since 1996. Read On...

MEMBER'S LOGINX

     
Invalid Username / Password
   
     
   
     
 
Invalid Captcha
   
 
 
 
(Please do not use this option on a public machine)
 
     
 
 
 
  Sign Up | Forgot Password?  

DEEP INDUSTRIES Gains 8%; BSE OIL & GAS Index Up 1.4%
Wed, 6 Nov 10:6

DEEP INDUSTRIES Gains 8%; BSE OIL & GAS Index Up 1.4%Image source: Chunumunu/www.istockphoto.com

DEEP INDUSTRIES share price has zoomed 8% and is presently trading at Rs 523.5.

Meanwhile, the BSE OIL & GAS index is at 27,680.1 (up 1.4%).

Among the top gainers in the BSE OIL & GAS index today are GAIL (up 5.6%) and HPCL (up 2.7%).

Over the last one year, DEEP INDUSTRIES has moved up from Rs 255.2 to Rs 523.5, registering a gain of Rs 268.3 (up 105.1%).

On the other hand, the BSE OIL & GAS index has moved up from 18,960.3 to 27,680.1, registering a gain of 46.0% during the last 12 months.

The top gainers among the BSE OIL & GAS index stocks during this same period were HPCL (up 120.5%), BPCL (up 70.2%) and GAIL (up 68.2%).

Dear Reader: If You Invest in Midcap Stocks, this is for You

What About the Benchmark Indices?

The BSE Sensex is at 79,930.9 (up 0.6%).

The top gainers among the BSE Sensex today are Infosys (up 2.9%) and HCl Tech. (up 2.8%). The most traded stocks in the BSE Sensex are ITC and Infosys.

In the meantime, NSE Nifty is at 24,401.2 (up 0.8%). Trent and HCl Tech. are among the top gainers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 64,958.7 to 79,930.9, registering a gain of 14,972.2 points (up 23.0%).

DEEP INDUSTRIES Financial Update...

DEEP INDUSTRIES net profit grew 40.7% YoY to Rs 415 million for the quarter ended September 2024, compared to a profit of Rs 295 million a year ago. Net sales rose 28.9% to Rs 1,306 million during the period as against Rs 1,013 million in July-September 2023.

For the year ended March 2024, DEEP INDUSTRIES reported 0.1% decrease in net profit to Rs 1,252 million compared to net profit of Rs 1,253 million during FY23. Revenue of the company grew 25.1% to Rs 4,270 million during FY24.

The current Price to earnings ratio of DEEP INDUSTRIES, based on rolling 12 month earnings, stands at 23.1.


Equitymaster requests your view! Post a comment on "DEEP INDUSTRIES Gains 8%; BSE OIL & GAS Index Up 1.4%". Click here!