SWAN ENERGY Surges by 11%; BSE 500 Index Down 0.3%
August 6, 2019 09:20 AM

SWAN ENERGY share price has zoomed 11% and is presently trading at Rs 116.

Meanwhile, the BSE 500 Index is at 13,947 (down 0.3%).

Among the top Gainers in the BSE 500 Index today is SWAN ENERGY (up 11.3%).

BAJAJ AUTO and HERO MOTOCORP are among the top losers today.

Over the last one year, SWAN ENERGY has moved down from Rs 162 to Rs 116, registering a loss of Rs 46 (down 28.5%).

On the other hand, the BSE 500 has moved down from 15,404 to 13,947, loss of 1,457 points (down 9.5%) during the last 12 months.

The top gainers among the BSE 500 Index stocks during this same period were PROCTER & GAMBLE HEALTH (up 92.5%), ADANI POWER (up 76.4%) and VINATI ORGANICS (up 54.6%).

What About the Benchmark Indices?

The BSE Sensex is at 36,568 (down 0.4%).

The top gainers among the BSE Sensex stocks today are M&M (up 0.2%), L&T (up 0.1%) and INFOSYS . The most traded stocks in the BSE Sensex are INFOSYS and L&T.

In the meantime, NSE Nifty is at 10,815 (down 0.4%). TECH MAHINDRA (up 0.3%) is among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 37,692 to 36,568, registering a gain of -1,124 points (up -3.0%).

SWAN ENERGY Financial Update...

SWAN ENERGY net profit down at Rs 329 million for the quarter ended March 2019, compared to a loss of Rs 4 million a year ago. Net Sales rose 4.9% to Rs 876.0 million during the period as against Rs 835.0 million in January-March 2018.

For the year ended March 2018, SWAN ENERGY reported 8880.3% increase in net profit to Rs 547.0 million compared to net profit of Rs 6.0 million during FY17.

Revenue of the company grew 1.1% to Rs 3 billion during FY18.

The current Price to earnings ratio of SWAN ENERGY, based on rolling 12 month earnings, stands at 1210.3x.