OIL INDIA share price has plunged 6% and is presently trading at Rs 120.
Meanwhile, the BSE OIL & GAS Index is at 14,686 (down 4.5%).
Among the top losers in the BSE OIL & GAS Index today are OIL INDIA (down 5.7%) and INDRAPRASTHA GAS (down 5.1%).
Over the last one year, OIL INDIA has moved up from Rs 89 to Rs 120, registering a gain of Rs 30 (up 34.0%)..
The BSE OIL & GAS has moved up from 10,786 to 14,686, registering a gain of 3,900 points (up 36.2%) during the last 12 months.
The top buzzing stocks among the BSE OIL & GAS Index stocks during this same period were RELIANCE IND. (up 61.3%), GAIL (up 54.5%) and ONGC (up 32.1%).
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In the meantime, NSE Nifty is at 14,652 (down 3.5%). CIPLA (up 3.6%) and DR. REDDYS LAB (up 3.1%) are among the top gainers in NSE Nifty.
Over the last 12 months, the BSE Sensex has moved up from 29,894 to 48,957, registering a gain of 19,063 points (up 60.07%).
OIL INDIA net profit down at Rs 2 billion for the quarter ended June 2020, compared to a loss of Rs 4 billion a year ago. Net Sales declined 40.9% to Rs 17.4 billion during the period as against Rs 29.5 billion in April-June 2019.
For the year ended March 2020, OIL INDIA reported 19.8% decrease in net profit to Rs 25.0 billion compared to net profit of Rs 31.1 billion during FY19.
Revenue of the company grew 11.7% to Rs 122 billion during FY20.
The current Price to earnings ratio of OIL INDIA, based on rolling 12 month earnings, stands at 7.2x.
What else is happening in the markets today? Dig in...
Share markets in India are presently trading on a negative note. The BSE Sensex is trading down by 1,685 points, down 3.4% at 47,905 levels.
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