SUZLON ENERGY Surges by 13%; BSE OIL & GAS Index Down 1.1%
July 26, 2019 10 am

SUZLON ENERGY share price has zoomed 13% and is presently trading at Rs 5.

Meanwhile, the BSE OIL & GAS Index is at 13,618 (down 1.1%).

Among the top Gainers in the BSE OIL & GAS Index today is SUZLON ENERGY (up 13.0%).

PETRONET LNG (down 0.2%) and GAIL (down 0.5%) are among the top losers today.

Over the last one year, SUZLON ENERGY has moved down from Rs 8 to Rs 5, registering a loss of Rs 4 (down 44.1%).

On the other hand, the BSE OIL & GAS has moved down from 14,566 to 13,618, loss of 948 points (down 7.6%) during the last 12 months.

The top gainers among the BSE OIL & GAS Index stocks during this same period were RELIANCE IND. (up 10.8%), PETRONET LNG (up 5.0%) and INDRAPRASTHA GAS (up 4.5%).

What About the Benchmark Indices?

The BSE Sensex is at 37,888 (down 0.1%).

The top gainers among the BSE Sensex stocks today are M&M (up 2.2%), TATA MOTORS DVR (up 1.7%) and TATA MOTORS (up 1.1%). Other gainers include BAJAJ FINANCE (up 0.9%) and SBI (up 0.8%). The most traded stocks in the BSE Sensex are TATA MOTORS and YES BANK.

In the meantime, NSE Nifty is at 11,268 (down 0.3%). M&M (up 2.3%) is among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 36,858 to 37,888, registering a gain of 1,030 points (up 2.5%).

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 1.5x.