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SUZLON ENERGY Gains 5%; BSE OIL & GAS Index Up 0.2%
Mon, 2 Dec 15:51

SUZLON ENERGY Gains 5%; BSE OIL & GAS Index Up 0.2%Image source: Ivcandy/www.istockphoto.com

SUZLON ENERGY share price has zoomed 5% and is presently trading at Rs 66.2.

Meanwhile, the BSE OIL & GAS index is at 26,854.3 (up 0.2%).

Among the top gainers in the BSE OIL & GAS index today are Indraprastha Gas (up 4.8%) and Reliance Ind. (up 1.4%).

ADANI TOTAL GAS (down 4.9%) and IOC (down 0.5%) are among the top losers today.

Over the last one year, SUZLON ENERGY has moved up from Rs 39.0 to Rs 66.2, registering a gain of Rs 27.2 (up 69.7%).

On the other hand, the BSE OIL & GAS index has moved up from 20,125.9 to 26,854.3, registering a gain of 33.4% during the last 12 months.

The top gainers among the BSE OIL & GAS index stocks during this same period were Petronet LNG (up 71.5%), HPCL (up 67.0%) and GAIL (up 58.7%).

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What About the Benchmark Indices?

The BSE Sensex is at 80,248.1 (up 0.6%).

The top gainers among the BSE Sensex today are Ultratech Cement (up 3.9%) and JSW Steel (up 2.5%). The most traded stocks in the BSE Sensex are Tata Steel and Tata Motors.

In the meantime, NSE Nifty is at 24,275.3 (up 0.6%). Ultratech Cement and APOLLO HOSPITALS are among the top gainers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 66,174.2 to 80,248.1, registering a gain of 14,073.9 points (up 21.3%).

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 94.0.


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