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BIGBLOC CONSTRUCTION Gains 5%; BSE REALTY Index Up 0.5%
Tue, 15 Oct 13:41

BIGBLOC CONSTRUCTION Gains 5%; BSE REALTY Index Up 0.5%Image source: Sakorn BernardaSv/www.istockphoto.com

BIGBLOC CONSTRUCTION share price has zoomed 5% and is presently trading at Rs 141.0.

Meanwhile, the BSE REALTY index is at 8,296.1 (up 0.5%).

Among the top gainers in the BSE REALTY index today are SUNTECK REALTY (up 6.8%) and Sobha (up 2.8%).

INDIABULLS REAL EST (down 1.6%) and Godrej Properties (down 0.3%) are among the top losers today.

Over the last one year, BIGBLOC CONSTRUCTION has moved up from Rs 86.5 to Rs 141.0, registering a gain of Rs 54.5 (up 63.0%).

On the other hand, the BSE REALTY index has moved up from 4,877.8 to 8,296.1, registering a gain of 70.1% during the last 12 months.

The top gainers among the BSE REALTY index stocks during this same period were PRESTIGE ESTATES (up 158.8%), Sobha (up 141.5%) and Brigade Enterprises (up 110.6%).

Dear Reader: If You Invest in Midcap Stocks, this is for You

What About the Benchmark Indices?

The BSE Sensex is at 81,756.4 (down 0.3%).

The top losers among the BSE Sensex today are Bajaj Finance (down 2.4%) and M&M (down 1.8%). The most traded stocks in the BSE Sensex are Tata Steel and Reliance Ind..

In the meantime, NSE Nifty is at 25,060.2 (down 0.3%). Bajaj Auto and Hindalco are among the top losers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 66,473.1 to 81,756.4, registering a gain of 15,283.4 points (up 23.0%).

BIGBLOC CONSTRUCTION Financial Update...

BIGBLOC CONSTRUCTION net profit fell 48.6% YoY to Rs 30 million for the quarter ended June 2024, compared to a profit of Rs 59 million a year ago. Net sales declined 6.0% to Rs 516 million during the period as against Rs 549 million in April-June 2023.

For the year ended March 2024, BIGBLOC CONSTRUCTION reported 1.8% increase in net profit to Rs 307 million compared to net profit of Rs 301 million during FY23. Revenue of the company grew 21.5% to Rs 2,432 million during FY24.

The current Price to earnings ratio of BIGBLOC CONSTRUCTION, based on rolling 12 month earnings, stands at 71.8.


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