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GUJARAT PIPAVAV PORT Gains 4%; BSE REALTY Index Up 0.0%
Thu, 8 Aug 9:28

GUJARAT PIPAVAV PORT Gains 4%; BSE REALTY Index Up 0.0%Image source: Sefa Ozel/www.istockphoto.com

GUJARAT PIPAVAV PORT share price has zoomed 4% and is presently trading at Rs 229.4.

Meanwhile, the BSE REALTY index is at 7,961.0 .

Among the top gainers in the BSE REALTY index today are Phoenix Mill (up 1.0%) and INDIABULLS REAL EST (up 0.8%).

Godrej Properties (down 1.2%) and Sobha (down 1.0%) are among the top losers today.

Over the last one year, GUJARAT PIPAVAV PORT has moved up from Rs 122.1 to Rs 229.4, registering a gain of Rs 107.3 (up 87.9%).

On the other hand, the BSE REALTY index has moved up from 4,341.4 to 7,961.0, registering a gain of 83.4% during the last 12 months.

The top gainers among the BSE REALTY index stocks during this same period were Sobha (up 189.8%), PRESTIGE ESTATES (up 182.4%) and Brigade Enterprises (up 100.8%).

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What About the Benchmark Indices?

The BSE Sensex is at 79,189.3 (down 0.4%).

The top losers among the BSE Sensex today are JSW Steel (down 1.5%) and Infosys (down 1.4%). The most traded stocks in the BSE Sensex are Tata Steel and Nestle.

In the meantime, NSE Nifty is at 24,230.3 (down 0.3%). Shriram Transport and Infosys are among the top losers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 65,953.5 to 79,189.3, registering a gain of 13,235.8 points (up 20.1%).

GUJARAT PIPAVAV PORT Financial Update...

GUJARAT PIPAVAV PORT net profit grew 61.2% YoY to Rs 1,063 million for the quarter ended June 2024, compared to a profit of Rs 659 million a year ago. Net sales rose 14.5% to Rs 2,460 million during the period as against Rs 2,149 million in April-June 2023.

For the year ended March 2024, GUJARAT PIPAVAV PORT reported 9.2% increase in net profit to Rs 3,420 million compared to net profit of Rs 3,131 million during FY23. Revenue of the company grew 7.8% to Rs 9,884 million during FY24.

The current Price to earnings ratio of GUJARAT PIPAVAV PORT, based on rolling 12 month earnings, stands at 29.7.


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