SUZLON ENERGY Plunges by 5%; BSE OIL & GAS Index Down 2.5%
June 6, 2019 01:40 PM

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

Meanwhile, the BSE OIL & GAS Index is at 15,694 (down 2.5%).

Among the top losers in the BSE OIL & GAS Index today is SUZLON ENERGY (down 5.5%).

INDRAPRASTHA GAS (up 1.2%) is among the top gainer today.

Over the last one year, SUZLON ENERGY has moved down from Rs 8 to Rs 6, registering a loss of Rs 2 (down 30.4%)..

The BSE OIL & GAS has moved up from 14,336 to 15,694, registering a gain of 1,358 points (up 9.5%) during the last 12 months.

The top gainers among the BSE OIL & GAS Index stocks during this same period were RELIANCE IND. (up 41.7%), INDRAPRASTHA GAS (up 30.2%) and PETRONET LNG (up 10.7%).

What About the Benchmark Indices?

The BSE Sensex is at 40,159 (down 1.1%). The top gainers among the BSE Sensex stocks today are HCL TECHNOLOGIES (up 1.6%). The most traded stocks in the BSE Sensex are POWER GRID and COAL INDIA.

In the meantime, NSE Nifty is at 12,040 (down 1.1%). ASIAN PAINTS (up 1.7%) is among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 35,012 to 40,159, registering a gain of 5,147 points (up 13.3%).

SUZLON ENERGY Financial Update...

SUZLON ENERGY net profit down at Rs 3 billion for the quarter ended March 2019, compared to a loss of Rs 386 million a year ago. Net Sales rose 31.7% to Rs 14.4 billion during the period as against Rs 11.0 billion in January-March 2018.

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.