SUZLON ENERGY Plunges by 7%; BSE OIL & GAS Index Up 0.2%
August 7, 2019 09:24 AM

SUZLON ENERGY share price has plunged 7% and is presently trading at Rs 4.

Meanwhile, the BSE OIL & GAS Index is at 12,857 (up 0.2%).

Among the top losers in the BSE OIL & GAS Index today is SUZLON ENERGY (down 7.1%).

PETRONET LNG (up 1.7%) and GAIL (up 0.8%) are among the top gainers today.

Over the last one year, SUZLON ENERGY has moved down from Rs 7 to Rs 4, registering a loss of Rs 3 (down 42.6%)..

The BSE OIL & GAS has moved down from 15,214 to 12,857, loss of 2,357 points (down 15.5%) during the last 12 months.

The top gainers among the BSE OIL & GAS Index stocks during this same period were PETRONET LNG (up 3.0%) and INDRAPRASTHA GAS (up 1.9%).

What About the Benchmark Indices?

The BSE Sensex is at 37,034 (up 0.1%). The top gainers among the BSE Sensex stocks today are YES BANK (up 2.6%). The most traded stocks in the BSE Sensex are YES BANK and ICICI BANK.

In the meantime, NSE Nifty is at 10,960 . YES BANK (up 4.9%) is among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 37,692 to 37,034, registering a gain of -658 points (up -1.8%).

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 1.3x.