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SUZLON ENERGY Gains 5%; BSE OIL & GAS Index Up 1.1%
Thu, 30 Jan 9:36

SUZLON ENERGY Gains 5%; BSE OIL & GAS Index Up 1.1%Image source: alexsl/www.istockphoto.com

SUZLON ENERGY share price has zoomed 5% and is presently trading at Rs 55.4.

Meanwhile, the BSE OIL & GAS index is at 24,768.1 (up 1.1%).

Among the top gainers in the BSE OIL & GAS index today are ADANI TOTAL GAS (up 1.9%) and GAIL (up 1.8%).

Petronet LNG (down 0.5%) is among the top losers today.

Over the last one year, SUZLON ENERGY has moved up from Rs 43.3 to Rs 55.4, registering a gain of Rs 12.1 (up 28.0%).

On the other hand, the BSE OIL & GAS index has moved down from 25,888.2 to 24,768.1, registering a loss of 4.3% during the last 12 months.

The top losers among the BSE OIL & GAS index stocks during this same period were ADANI TOTAL GAS (down 38.7%), IOC (down 14.5%) and Reliance Ind. (down 14.5%).

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What About the Benchmark Indices?

The BSE Sensex is at 76,534.0 .

The top gainers among the BSE Sensex today are Bajaj Finance (up 5.2%) and Bajaj Finserv (up 3.0%). The most traded stocks in the BSE Sensex are Tata Motors and ZOMATO.

In the meantime, NSE Nifty is at 23,169.5 . Bajaj Finance and Bajaj Finserv are among the top gainers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 71,941.6 to 76,534.0, registering a gain of 4,592.4 points (up 6.4%).

SUZLON ENERGY Financial Update...

SUZLON ENERGY net profit grew 91.0% YoY to Rs 3,878 million for the quarter ended December 2024, compared to a profit of Rs 2,030 million a year ago. Net sales rose 90.6% to Rs 29,748 million during the period as against Rs 15,605 million in October-December 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 66.0.


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