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BIGBLOC CONSTRUCTION Gains 6%; BSE REALTY Index Up 0.3%
Thu, 24 Oct 11:3

BIGBLOC CONSTRUCTION Gains 6%; BSE REALTY Index Up 0.3%Image source: Ivcandy/www.istockphoto.com

BIGBLOC CONSTRUCTION share price has zoomed 6% and is presently trading at Rs 126.9.

Meanwhile, the BSE REALTY index is at 7,819.1 (up 0.3%).

Among the top gainers in the BSE REALTY index today are Godrej Properties (up 1.8%) and OBEROI REALTY (up 1.6%).

SUNTECK REALTY (down 2.1%) and PRESTIGE ESTATES (down 1.1%) are among the top losers today.

Over the last one year, BIGBLOC CONSTRUCTION has moved up from Rs 77.3 to Rs 126.9, registering a gain of Rs 49.6 (up 64.2%).

On the other hand, the BSE REALTY index has moved up from 4,641.3 to 7,819.1, registering a gain of 68.5% during the last 12 months.

The top gainers among the BSE REALTY index stocks during this same period were Sobha (up 136.5%), PRESTIGE ESTATES (up 129.0%) and Brigade Enterprises (up 101.0%).

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What About the Benchmark Indices?

The BSE Sensex is at 80,085.1 .

The top gainers among the BSE Sensex today are Ultratech Cement (up 2.1%) and HDFC Bank (up 1.6%). The most traded stocks in the BSE Sensex are Tata Steel and ITC.

In the meantime, NSE Nifty is at 24,405.6 (down 0.1%). Hindustan Unilever and SBI LIFE INSURANCE are among the top losers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 64,571.9 to 80,085.1, registering a gain of 15,513.3 points (up 24.0%).

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 64.6.


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