AJMERA REALTY share price has zoomed 5% and is presently trading at Rs 735.0.
Meanwhile, the BSE REALTY index is at 7,930.0 (down 0.4%).
Among the top gainers in the BSE REALTY index today are SUNTECK REALTY (up 2.7%) and PRESTIGE ESTATES (up 2.3%).
Godrej Properties (down 1.7%) and Sobha (down 1.2%) are among the top losers today.
Over the last one year, AJMERA REALTY has moved up from Rs 385.7 to Rs 735.0, registering a gain of Rs 349.4 (up 90.6%).
On the other hand, the BSE REALTY index has moved up from 4,341.4 to 7,930.0, registering a gain of 82.7% during the last 12 months.
The top gainers among the BSE REALTY index stocks during this same period were Sobha (up 189.2%), PRESTIGE ESTATES (up 188.2%) and Brigade Enterprises (up 102.6%).
Must See: These Segments are Witnessing Incredible Growth with Modi's Push
The BSE Sensex is at 79,222.0 (down 0.3%).
The top losers among the BSE Sensex today are Asian Paints (down 2.4%) and Infosys (down 2.2%). The most traded stocks in the BSE Sensex are Tata Steel and Tata Motors.
In the meantime, NSE Nifty is at 24,190.3 (down 0.4%). LTIMINDTREE and Asian Paints are among the top losers in NSE NIFTY.
Over the last 12 months, the BSE Sensex has moved up from 65,953.5 to 79,222.0, registering a gain of 13,268.5 points (up 20.1%).
AJMERA REALTY net profit grew 99.3% YoY to Rs 295 million for the quarter ended March 2024, compared to a profit of Rs 148 million a year ago. Net sales rose 102.9% to Rs 2,318 million during the period as against Rs 1,143 million in January-March 2023.
For the year ended March 2024, AJMERA REALTY reported 45.2% increase in net profit to Rs 1,039 million compared to net profit of Rs 716 million during FY23. Revenue of the company grew 62.4% to Rs 7,000 million during FY24.
The current Price to earnings ratio of AJMERA REALTY, based on rolling 12 month earnings, stands at 25.1.
Equitymaster requests your view! Post a comment on "AJMERA REALTY Gains 5%; BSE REALTY Index Down 0.4%". Click here!
Comments are moderated by Equitymaster, in accordance with the Terms of Use, and may not appear
on this article until they have been reviewed and deemed appropriate for posting.
In the meantime, you may want to share this article with your friends!