SUZLON ENERGY Surges by 11%; BSE OIL & GAS Index Up 3.1%
May 20, 2019 10:08 AM

SUZLON ENERGY share price has zoomed 11% and is presently trading at Rs 6.

Meanwhile, the BSE OIL & GAS Index is at 15,183 (up 3.1%).

Among the top Gainers in the BSE OIL & GAS Index today is SUZLON ENERGY (up 10.7%).

Over the last one year, SUZLON ENERGY has moved down from Rs 9 to Rs 6, registering a loss of Rs 4 (down 38.0%).

On the other hand, the BSE OIL & GAS has moved up from 14,511 to 15,183, registering a gain of 672 points (up 4.2%) during the last 12 months.

The top gainers among the BSE OIL & GAS Index stocks during this same period were RELIANCE IND. (up 38.7%), INDRAPRASTHA GAS (up 14.2%) and PETRONET LNG (up 10.0%).

What About the Benchmark Indices?

The BSE Sensex is at 38,893 (up 2.2%).

The top gainers among the BSE Sensex stocks today are SBI (up 5.3%), L&T (up 5.1%) and TATA STEEL (up 4.7%). Other gainers include M&M (up 4.5%) and ICICI BANK (up 4.5%). The most traded stocks in the BSE Sensex are YES BANK and RELIANCE IND..

In the meantime, NSE Nifty is at 11,694 (up 2.3%). INDIABULLS HOU. FIN. (up 7.1%) is among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 35,149 to 38,893, registering a gain of 3,744 points (up 10.3%).

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.