SUZLON ENERGY plunges by 5%; BSE OIL & GAS Index Up 0.9%
May 31, 2018 11:55 AM

SUZLON ENERGY share price has plunged 5% and is presently trading at Rs 9.

Meanwhile, the BSE OIL & GAS Index is at 14,405 (Up 0.9%).

Among the top losers in the BSE OIL & GAS Index today is SUZLON ENERGY (down 5.09%)

ONGC (up 3.05%) and GAIL (up 1.50%) are among the top gainers today.

Over the last one year, SUZLON ENERGY has moved down from Rs 19 to Rs 9, registering a loss of Rs 10 (down 51.12%).

The BSE OIL & GAS has moved up from 14,209 to 14,405, registering a gain of 196 points (up 1.38%) during the last 12 months.

The top gainers among the BSE OIL & GAS Index stocks during this same period were RELIANCE IND. (up 35.56%), INDRAPRASTHA GAS (up 22.99%) and GAIL (up 14.49%).

What About the Benchmark Indices?

The BSE Sensex is at 35,152 (up 0.36%). The top gainers among the BSE Sensex stocks today are ONGC (up 3.05%), HDFC BANK (up 2.21%) and GAIL (up 1.50%). Other gainers include COAL INDIA (up 1.47%) and M&M (up 1.27%). The most traded stocks in the BSE Sensex are RELIANCE IND. and BHEL.

In the meantime, NSE Nifty is at 10,676 (up 0.34%). ONGC (up 3.22%) is among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 31,159 to 35,152, registering a gain of 3,993 points (up 12.43%).

SUZLON ENERGY Financial Update...

SUZLON ENERGY net profit declined 17.7% YoY to Rs 484 million for the quarter ended December 2017, compared to a loss of Rs 3 billion a year ago. Net Sales rose 67.0% to Rs 22.2 billion during the period as against Rs 33.1 billion in October-December 2016.

For the year ended March 2017, SUZLON ENERGY reported 190.7% decrease in net profit to Rs 9.0 billion compared to net profit of Rs 4.7 billion during FY16.

Revenue of the company grew 134.6% to Rs 127 billion during FY17.

The current Price to earnings ratio of SUZLON ENERGY, based on rolling 12 month earnings, stands at 6.8x.