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GUJARAT PIPAVAV PORT Gains 8%; BSE REALTY Index Down 0.5%
Tue, 13 Aug 10:22

GUJARAT PIPAVAV PORT Gains 8%; BSE REALTY Index Down 0.5%Image source: phive2015/www.istockphoto.com

GUJARAT PIPAVAV PORT share price has zoomed 8% and is presently trading at Rs 247.8.

Meanwhile, the BSE REALTY index is at 8,047.0 (down 0.5%).

Among the top gainers in the BSE REALTY index today are INDIABULLS REAL EST (up 3.0%) and Phoenix Mill (up 1.1%).

OBEROI REALTY (down 3.8%) and MAHINDRA LIFESPACE (down 2.1%) are among the top losers today.

Over the last one year, GUJARAT PIPAVAV PORT has moved up from Rs 120.7 to Rs 247.8, registering a gain of Rs 127.1 (up 105.3%).

On the other hand, the BSE REALTY index has moved up from 4,277.6 to 8,047.0, registering a gain of 88.1% during the last 12 months.

The top gainers among the BSE REALTY index stocks during this same period were Sobha (up 199.7%), PRESTIGE ESTATES (up 197.1%) and Phoenix Mill (up 99.9%).

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What About the Benchmark Indices?

The BSE Sensex is at 79,569.2 (down 0.1%).

The top losers among the BSE Sensex today are HDFC Bank (down 2.5%) and Tata Motors (down 1.3%). The most traded stocks in the BSE Sensex are Tata Steel and HDFC Bank.

In the meantime, NSE Nifty is at 24,313.7 (down 0.1%). HDFC Bank and BPCL are among the top losers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 65,995.8 to 79,569.2, registering a gain of 13,573.4 points (up 20.6%).

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 32.1.


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