CHENNAI PETROLEUM Share Price Up by 5%; BSE OIL & GAS Index Up 0.0%
January 11, 2021 02:26 PM

CHENNAI PETROLEUM share price has zoomed 5% and is presently trading at Rs 117.

Meanwhile, the BSE OIL & GAS Index is at 14,816 .

Among the top Gainers in the BSE OIL & GAS Index today is CHENNAI PETROLEUM (up 5.2%).

CASTROL INDIA (down 0.8%) and HPCL (down 1.0%) are among the top losers today.

Over the last one year, CHENNAI PETROLEUM has moved up from Rs 114 to Rs 117, registering a gain of Rs 3 (up 2.1%).

On the other hand, the BSE OIL & GAS has moved up from 14,487 to 14,816, registering a gain of 329 points (up 1.7%) during the last 12 months.

The top buzzing stocks among the BSE OIL & GAS Index stocks during this same period were INDRAPRASTHA GAS (up 33.8%), RELIANCE IND. (up 25.8%) and GAIL (up 6.9%).

What About the Benchmark Indices?

The BSE Sensex is at 49,269 (up 0.9%).

The top gainers among the BSE Sensex stocks today are INFOSYS (up 5.1%), HCL TECHNOLOGIES (up 5.0%) and MARUTI SUZUKI (up 3.0%). Other gainers include HDFC (up 2.5%) and TCS (up 2.2%). The most traded stocks in the BSE Sensex are ONGC and ITC.

In the meantime, NSE Nifty is at 14,480 (up 0.8%). The top gainers in the NSE Nifty include TATA MOTORS (up 5.8%), HCL TECHNOLOGIES (up 5.2%) and INFOSYS (up 5.0%). Other gainers include WIPRO (up 4.4%) and MARUTI SUZUKI (up 2.6%) are among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 40,677 to 49,269, registering a gain of 8,592 points (up 20.98%).

CHENNAI PETROLEUM Financial Update...

CHENNAI PETROLEUM net profit stood at Rs 3 billion for the quarter ended September 2020, compared to a profit of Rs 64 million a year ago. Net Sales declined 18.7% to Rs 97.3 billion during the period as against Rs 119.7 billion in July-September 2019.

For the year ended March 2018, CHENNAI PETROLEUM reported 12.1% decrease in net profit to Rs 9.0 billion compared to net profit of Rs 10.2 billion during FY17.

Revenue of the company grew 8.8% to Rs 442 billion during FY18.

The current Price to earnings ratio of CHENNAI PETROLEUM, based on rolling 12 month earnings, stands at down 1.6x.