Net profit of Selan Explorations Technology declined 64.40% to Rs 2.99 crore in the quarter ended September 2020 as against Rs 8.40 crore during the previous quarter ended September 2019. Sales declined 41.41% to Rs 13.09 crore in the quarter ended September 2020 as against Rs 22.34 crore during the previous quarter ended September 2019.

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Selan Explorations Technology will hold a meeting of the Board of Directors of the Company on 13 November 2020.

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Selan Explorations Technology Ltd gained 4.82% today to trade at Rs 113. The S&P BSE Energy index is up 1.85% to quote at 6396.65. The index is up 1.92 % over last one month. Among the other constituents of the index, Goa Carbon Ltd increased 3.68% and Adani Gas Ltd added 3.25% on the day. The S&P BSE Energy index went up 45.35 % over last one year compared to the 3.26% surge in benchmark SENSEX.

Selan Explorations Technology Ltd has lost 1.7% over last one month compared to 1.92% gain in S&P BSE Energy index and 0.2% rise in the SENSEX. On the BSE, 685 shares were traded in the counter so far compared with average daily volumes of 10423 shares in the past one month. The stock hit a record high of Rs 181 on 03 Jan 2020. The stock hit a 52-week low of Rs 62.35 on 24 Mar 2020.

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Net loss of Selan Explorations Technology reported to Rs 0.05 crore in the quarter ended June 2020 as against net profit of Rs 8.32 crore during the previous quarter ended June 2019. Sales declined 63.60% to Rs 8.19 crore in the quarter ended June 2020 as against Rs 22.50 crore during the previous quarter ended June 2019.

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