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BL KASHYAP & SONS Gains 7%; BSE REALTY Index Up 0.7%
Wed, 24 Jul 16:8

BL KASHYAP & SONS Gains 7%; BSE REALTY Index Up 0.7%Image source: Nikada/www.istockphoto.com

BL KASHYAP & SONS share price has zoomed 7% and is presently trading at Rs 105.7.

Meanwhile, the BSE REALTY index is at 8,391.3 (up 0.7%).

Among the top gainers in the BSE REALTY index today are PRESTIGE ESTATES (up 6.8%) and INDIABULLS REAL EST (up 3.7%).

Phoenix Mill (down 6.3%) and Brigade Enterprises (down 0.8%) are among the top losers today.

Over the last one year, BL KASHYAP & SONS has moved up from Rs 43.6 to Rs 105.7, registering a gain of Rs 62.1 (up 142.5%).

On the other hand, the BSE REALTY index has moved up from 4,299.6 to 8,391.3, registering a gain of 95.2% during the last 12 months.

The top gainers among the BSE REALTY index stocks during this same period were PRESTIGE ESTATES (up 243.4%), Sobha (up 235.2%) and Phoenix Mill (up 117.7%).

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What About the Benchmark Indices?

The BSE Sensex is at 80,148.9 (down 0.3%).

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

In the meantime, NSE Nifty is at 24,413.5 (down 0.3%). Bajaj Finserv and Tata Consumer Products are among the top losers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 66,384.8 to 80,148.9, registering a gain of 13,764.1 points (up 20.7%).

BL KASHYAP & SONS Financial Update...

BL KASHYAP & SONS net profit grew 174.1% YoY to Rs 237 million for the quarter ended March 2024, compared to a loss of Rs 319 million a year ago. Net sales rose 23.6% to Rs 3,412 million during the period as against Rs 2,759 million in January-March 2023.

For the year ended March 2023, BL KASHYAP & SONS reported 49.6% decrease in net profit to Rs 221 million compared to net profit of Rs 439 million during FY22. Revenue of the company fell 4.1% to Rs 11,100 million during FY23.

The current Price to earnings ratio of BL KASHYAP & SONS, based on rolling 12 month earnings, stands at 45.3.


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