Ashiana Housing share price has zoomed 6% and is presently trading at Rs 426.1.
Meanwhile, the BSE REALTY index is at 8,658.1 (down 1.6%).
Among the top gainers in the BSE REALTY index today are INDIABULLS REAL EST (up 1.2%) and SUNTECK REALTY (up 0.5%).
Brigade Enterprises (down 3.5%) and PRESTIGE ESTATES (down 1.5%) are among the top losers today.
Over the last one year, Ashiana Housing has moved up from Rs 195.3 to Rs 426.1, registering a gain of Rs 230.9 (up 118.2%).
On the other hand, the BSE REALTY index has moved up from 4,216.3 to 8,658.1, registering a gain of 105.3% during the last 12 months.
The top gainers among the BSE REALTY index stocks during this same period were Sobha (up 265.6%), PRESTIGE ESTATES (up 197.2%) and Phoenix Mill (up 150.4%).
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The BSE Sensex is at 79,796.5 (down 0.2%).
The top losers among the BSE Sensex today are Nestle (down 1.8%) and NTPC (down 1.5%). The most traded stocks in the BSE Sensex are Tata Steel and Power Grid Corp..
In the meantime, NSE Nifty is at 24,297.9 (down 0.1%). Nestle and NTPC are among the top losers in NSE NIFTY.
Over the last 12 months, the BSE Sensex has moved up from 65,344.2 to 79,796.5, registering a gain of 14,452.4 points (up 22.1%).
Ashiana Housing net profit grew 67.4% YoY to Rs 174 million for the quarter ended March 2024, compared to a profit of Rs 104 million a year ago. Net sales rose 159.9% to Rs 2,897 million during the period as against Rs 1,115 million in January-March 2023.
For the year ended March 2023, Ashiana Housing reported 495.8% increase in net profit to Rs 279 million compared to net loss of Rs 70 million during FY22. Revenue of the company grew 83.7% to Rs 4,074 million during FY23.
The current Price to earnings ratio of Ashiana Housing, based on rolling 12 month earnings, stands at 51.4.
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