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MULTIBASE INDIA Plunges 5%; BSE OIL & GAS Index Up 0.5%
Fri, 29 Nov 9:21

MULTIBASE INDIA Plunges 5%; BSE OIL & GAS Index Up 0.5%Image source: asbe/www.istockphoto.com

MULTIBASE INDIA share price has plunged 5% and is presently trading at Rs 442.1.

Meanwhile, the BSE OIL & GAS index is at 26,679.7 (up 0.5%).

Among the top losers in the BSE OIL & GAS index today is IOC .

GUJARAT GAS (up 1.3%) and ADANI TOTAL GAS (up 1.1%) are among the top gainers today.

Over the last one year, MULTIBASE INDIA has moved up from Rs 224.6 to Rs 442.1, registering a gain of Rs 217.6 (up 96.9%).

On the other hand, the BSE OIL & GAS index has moved up from 20,125.9 to 26,679.7, registering a gain of 32.6% during the last 12 months.

The top gainers among the BSE OIL & GAS index stocks during this same period were Petronet LNG (up 67.5%), HPCL (up 66.3%) and GAIL (up 58.7%).

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What About the Benchmark Indices?

The BSE Sensex is at 79,033.0 .

The top losers among the BSE Sensex today are Bharti Airtel (down 1.5%) and TCS (down 0.7%). The most traded stocks in the BSE Sensex are Tata Steel and Tata Motors.

In the meantime, NSE Nifty is at 23,975.7 (up 0.3%). Dr. Reddys and HDFC LIFE INSURANCE are among the top gainers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 66,174.2 to 79,033.0, registering a gain of 12,858.8 points (up 19.4%).

MULTIBASE INDIA Financial Update...

MULTIBASE INDIA net profit grew 113.2% YoY to Rs 43 million for the quarter ended September 2024, compared to a profit of Rs 20 million a year ago. Net sales rose 13.3% to Rs 184 million during the period as against Rs 163 million in July-September 2023.

For the year ended March 2024, MULTIBASE INDIA reported 13.9% increase in net profit to Rs 112 million compared to net profit of Rs 98 million during FY23. Revenue of the company fell 10.4% to Rs 647 million during FY24.

The current Price to earnings ratio of MULTIBASE INDIA, based on rolling 12 month earnings, stands at 37.4.


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