AJMERA REALTY share price has zoomed 7% and is presently trading at Rs 720.0.
Meanwhile, the BSE REALTY index is at 8,280.1 (up 0.4%).
Among the top gainers in the BSE REALTY index today are SUNTECK REALTY (up 5.5%) and Phoenix Mill (up 0.8%).
OBEROI REALTY (down 0.2%) is among the top losers today.
Over the last one year, AJMERA REALTY has moved up from Rs 422.8 to Rs 720.0, registering a gain of Rs 297.3 (up 70.3%).
On the other hand, the BSE REALTY index has moved up from 4,877.8 to 8,280.1, registering a gain of 69.8% during the last 12 months.
The top gainers among the BSE REALTY index stocks during this same period were PRESTIGE ESTATES (up 158.9%), Sobha (up 136.3%) and Brigade Enterprises (up 110.5%).
Dear Reader: If You Invest in Midcap Stocks, this is for You
The BSE Sensex is at 82,207.1 (up 0.3%).
The top gainers among the BSE Sensex today are Asian Paints (up 1.4%) and Bharti Airtel (up 1.2%). The most traded stocks in the BSE Sensex are Tata Steel and Reliance Ind..
In the meantime, NSE Nifty is at 25,198.5 (up 0.3%). Asian Paints and BPCL are among the top gainers in NSE NIFTY.
Over the last 12 months, the BSE Sensex has moved up from 66,473.1 to 82,207.1, registering a gain of 15,734.0 points (up 23.7%).
AJMERA REALTY net profit grew 51.8% YoY to Rs 328 million for the quarter ended June 2024, compared to a profit of Rs 216 million a year ago. Net sales rose 66.9% to Rs 1,937 million during the period as against Rs 1,161 million in April-June 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 22.6.
Equitymaster requests your view! Post a comment on "AJMERA REALTY Gains 7%; BSE REALTY Index Up 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!