BL KASHYAP & SONS share price has plunged 6% and is presently trading at Rs 88.0.
Meanwhile, the BSE REALTY index is at 7,992.3 (down 0.8%).
Among the top losers in the BSE REALTY index today are MAHINDRA LIFESPACE (down 5.6%) and OBEROI REALTY (down 3.3%).
Phoenix Mill (up 0.7%) and Brigade Enterprises (up 0.1%) are among the top gainers today.
Over the last one year, BL KASHYAP & SONS has moved up from Rs 62.9 to Rs 88.0, registering a gain of Rs 25.1 (up 40.0%).
On the other hand, the BSE REALTY index has moved up from 4,625.6 to 7,992.3, registering a gain of 72.8% during the last 12 months.
The top gainers among the BSE REALTY index stocks during this same period were PRESTIGE ESTATES (up 178.6%), Sobha (up 157.6%) and Brigade Enterprises (up 135.8%).
Must See: These Segments are Witnessing Incredible Growth with Modi's Push
The BSE Sensex is at 81,178.8 (down 0.6%).
The top losers among the BSE Sensex today are NTPC (down 4.1%) and MUNDRA PORT & SEZ (down 3.8%). The most traded stocks in the BSE Sensex are Tata Steel and Axis Bank.
In the meantime, NSE Nifty is at 24,793.9 (down 0.9%). NTPC and MUNDRA PORT & SEZ are among the top losers in NSE NIFTY.
Over the last 12 months, the BSE Sensex has moved up from 65,512.1 to 81,178.8, registering a gain of 15,666.7 points (up 23.9%).
BL KASHYAP & SONS net profit grew 103.4% YoY to Rs 202 million for the quarter ended June 2024, compared to a profit of Rs 100 million a year ago. Net sales rose 38.6% to Rs 3,503 million during the period as against Rs 2,527 million in April-June 2023.
For the year ended March 2024, BL KASHYAP & SONS reported 137.3% increase in net profit to Rs 525 million compared to net profit of Rs 221 million during FY23. Revenue of the company grew 12.1% to Rs 12,445 million during FY24.
The current Price to earnings ratio of BL KASHYAP & SONS, based on rolling 12 month earnings, stands at 31.6.
Equitymaster requests your view! Post a comment on "BL KASHYAP & SONS Plunges 6%; BSE REALTY Index Down 0.8%". Click here!
Comments are moderated by Equitymaster, in accordance with the Terms of Use, and may not appear
on this article until they have been reviewed and deemed appropriate for posting.
In the meantime, you may want to share this article with your friends!