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?  

SUZLON ENERGY Plunges 4%; BSE OIL & GAS Index Down 2.3%
Fri, 8 Nov 12:20

SUZLON ENERGY Plunges 4%; BSE OIL & GAS Index Down 2.3%Image source: Ivcandy/www.istockphoto.com

SUZLON ENERGY share price has plunged 4% and is presently trading at Rs 64.0.

Meanwhile, the BSE OIL & GAS index is at 27,264.9 (down 2.3%).

Among the top losers in the BSE OIL & GAS index today are Petronet LNG (down 5.1%) and GUJARAT GAS (down 3.6%).

Indraprastha Gas (up 0.6%) is among the top gainers today.

Over the last one year, SUZLON ENERGY has moved up from Rs 36.2 to Rs 64.0, registering a gain of Rs 27.8 (up 77.0%).

On the other hand, the BSE OIL & GAS index has moved up from 18,960.3 to 27,264.9, registering a gain of 43.8% during the last 12 months.

The top gainers among the BSE OIL & GAS index stocks during this same period were HPCL (up 119.5%), BPCL (up 67.9%) and GAIL (up 65.9%).

Don't Miss: Key Information for Long-term Investors

What About the Benchmark Indices?

The BSE Sensex is at 79,350.7 (down 0.2%).

The top losers among the BSE Sensex today are Asian Paints (down 2.7%) and ICICI Bank (down 1.9%). The most traded stocks in the BSE Sensex are Tata Steel and Tata Motors.

In the meantime, NSE Nifty is at 24,119.5 (down 0.3%). Asian Paints and Coal India are among the top losers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 64,958.7 to 79,350.7, registering a gain of 14,392.0 points (up 22.2%).

SUZLON ENERGY Financial Update...

SUZLON ENERGY net profit grew 96.1% YoY to Rs 2,006 million for the quarter ended September 2024, compared to a profit of Rs 1,023 million a year ago. Net sales rose 48.0% to Rs 21,034 million during the period as against Rs 14,214 million in July-September 2023.

For the year ended March 2024, SUZLON ENERGY reported 77.1% decrease in net profit to Rs 6,604 million compared to net profit of Rs 28,873 million during FY23. Revenue of the company grew 9.4% to Rs 65,291 million during FY24.

The current Price to earnings ratio of SUZLON ENERGY, based on rolling 12 month earnings, stands at 91.0.


Equitymaster requests your view! Post a comment on "SUZLON ENERGY Plunges 4%; BSE OIL & GAS Index Down 2.3%". Click here!