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BEML LAND ASSETS Plunges 5%; BSE REALTY Index Down 1.8%
Thu, 1 Aug 12:15

BEML LAND ASSETS Plunges 5%; BSE REALTY Index Down 1.8%Image source: DNY59/www.istockphoto.com

BEML LAND ASSETS share price has plunged 5% and is presently trading at Rs 313.7.

Meanwhile, the BSE REALTY index is at 8,383.1 (down 1.8%).

Among the top losers in the BSE REALTY index today are PRESTIGE ESTATES (down 2.5%) and OBEROI REALTY (down 2.0%).

MAHINDRA LIFESPACE (up 0.4%) and Brigade Enterprises (up 0.3%) are among the top gainers today.

Over the last one year, BEML LAND ASSETS has moved up from Rs 158.2 to Rs 313.7, registering a gain of Rs 155.6 (up 98.4%).

On the other hand, the BSE REALTY index has moved up from 4,536.1 to 8,383.1, registering a gain of 84.8% during the last 12 months.

The top gainers among the BSE REALTY index stocks during this same period were PRESTIGE ESTATES (up 200.9%), Sobha (up 196.2%) and Brigade Enterprises (up 113.0%).

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What About the Benchmark Indices?

The BSE Sensex is at 81,804.0 (up 0.1%).

The top gainers among the BSE Sensex today are Power Grid Corp. (up 3.1%) and NTPC (up 1.5%). The most traded stocks in the BSE Sensex are Tata Steel and NTPC.

In the meantime, NSE Nifty is at 24,990.6 (up 0.2%). Coal India and Power Grid Corp. are among the top gainers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 66,527.7 to 81,804.0, registering a gain of 15,276.3 points (up 23.0%).

BEML LAND ASSETS Financial Update...

BEML LAND ASSETS net profit fell 9.6% YoY to Rs -21 million for the quarter ended June 2024, compared to a loss of Rs 19 million a year ago. Net sales declined 100.0% to Rs 0 million during the period as against Rs 0 million in April-June 2023.

For the year ended March 2023, BEML LAND ASSETS reported 7653.1% decrease in net profit to Rs -6 million compared to net loss of Rs 0 million during FY22. Revenue of the company fell 100.0% to Rs 0 million during FY23.

The current Price to earnings ratio of BEML LAND ASSETS, based on rolling 12 month earnings, stands at -334.0.


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