SUZLON ENERGY Plunges by 10%; BSE OIL & GAS Index Down 1.5%
May 13, 2019 01:58 PM

SUZLON ENERGY share price has plunged 10% and is presently trading at Rs 6.

Meanwhile, the BSE OIL & GAS Index is at 14,633 (down 1.5%).

Among the top losers in the BSE OIL & GAS Index today is SUZLON ENERGY (down 10.5%).

Over the last one year, SUZLON ENERGY has moved down from Rs 10 to Rs 6, registering a loss of Rs 4 (down 35.7%)..

The BSE OIL & GAS has moved up from 14,596 to 14,633, registering a gain of 37 points (up 0.3%) during the last 12 months.

The top gainers among the BSE OIL & GAS Index stocks during this same period were RELIANCE IND. (up 26.7%), INDRAPRASTHA GAS (up 14.5%) and PETRONET LNG (up 10.4%).

What About the Benchmark Indices?

The BSE Sensex is at 37,584 (down 0.3%). The top gainers among the BSE Sensex stocks today are HDFC (up 2.0%). The most traded stocks in the BSE Sensex are AXIS BANK and BHARTI AIRTEL.

In the meantime, NSE Nifty is at 11,300 (down 0.4%). HDFC (up 2.0%) is among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 35,246 to 37,584, registering a gain of 2,338 points (up 6.0%).

SUZLON ENERGY Financial Update...

SUZLON ENERGY net profit declined 20.3% YoY to Rs 386 million for the quarter ended December 2018, compared to a loss of Rs 484 million a year ago. Net Sales declined 50.6% to Rs 11.0 billion during the period as against Rs 22.2 billion in October-December 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 1.7x.