SUZLON ENERGY Plunges by 6%; BSE OIL & GAS Index Up 0.9%
November 29, 2018 10:11 AM

SUZLON ENERGY share price has plunged 6% and is presently trading at Rs 5.

Meanwhile, the BSE OIL & GAS Index is at 13,444 (up 0.9%).

Among the top losers in the BSE OIL & GAS Index today is SUZLON ENERGY (down 5.7%).

BPCL (up 2.5%) and RELIANCE IND. (up 2.2%) are among the top gainers today.

Over the last one year, SUZLON ENERGY has moved down from Rs 15 to Rs 5, registering a loss of Rs 9 (down 62.7%)..

The BSE OIL & GAS has moved down from 16,050 to 13,444, loss of 2,606 points (down 16.2%) during the last 12 months.

The top gainers among the BSE OIL & GAS Index stocks during this same period were RELIANCE IND. (up 24.3%).

What About the Benchmark Indices?

The BSE Sensex is at 36,081 (up 0.8%). The top gainers among the BSE Sensex stocks today are VEDANTA LTD (up 3.0%). The most traded stocks in the BSE Sensex are VEDANTA LTD and TATA MOTORS.

In the meantime, NSE Nifty is at 10,814 (up 0.7%). VEDANTA LTD (up 3.2%) is among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 33,619 to 36,081, registering a gain of 2,462 points (up 7.1%).

SUZLON ENERGY Financial Update...

SUZLON ENERGY net profit down at Rs 6 billion for the quarter ended September 2018, compared to a loss of Rs 484 million a year ago. Net Sales declined 45.7% to Rs 12.0 billion during the period as against Rs 22.2 billion in July-September 2017.

For the year ended March 2018, SUZLON ENERGY reported 193.2% decrease in net profit to Rs 8.4 billion compared to net profit of Rs 9.0 billion during FY17.

Revenue of the company grew 34.7% to Rs 83 billion during FY18.

The current Price to earnings ratio of SUZLON ENERGY, based on rolling 12 month earnings, stands at down 1.5x.