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GUJARAT PIPAVAV PORT Plunges 3%; BSE REALTY Index Down 0.1%
Wed, 10 Jul 15:59

GUJARAT PIPAVAV PORT Plunges 3%; BSE REALTY Index Down 0.1%Image source: KanawatTH/www.istockphoto.com

GUJARAT PIPAVAV PORT share price has plunged 3% and is presently trading at Rs 220.2.

Meanwhile, the BSE REALTY index is at 8,795.7 (down 0.1%).

Among the top losers in the BSE REALTY index today are INDIABULLS REAL EST (down 3.8%) and MAHINDRA LIFESPACE (down 1.1%).

Brigade Enterprises (up 3.6%) and Godrej Properties (up 1.0%) are among the top gainers today.

Over the last one year, GUJARAT PIPAVAV PORT has moved up from Rs 119.2 to Rs 220.2, registering a gain of Rs 101.1 (up 84.8%).

On the other hand, the BSE REALTY index has moved up from 4,216.3 to 8,795.7, registering a gain of 108.6% during the last 12 months.

The top gainers among the BSE REALTY index stocks during this same period were Sobha (up 267.6%), PRESTIGE ESTATES (up 204.0%) and Phoenix Mill (up 154.2%).

Dear Reader: If You Invest in Midcap Stocks, this is for You

What About the Benchmark Indices?

The BSE Sensex is at 79,924.8 (down 0.5%).

The top losers among the BSE Sensex today are M&M (down 6.7%) and Tata Steel (down 2.1%). The most traded stocks in the BSE Sensex are Tata Steel and ITC.

In the meantime, NSE Nifty is at 24,312.4 (down 0.5%). M&M and Hindalco are among the top losers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 65,344.2 to 79,924.8, registering a gain of 14,580.6 points (up 22.3%).

GUJARAT PIPAVAV PORT Financial Update...

GUJARAT PIPAVAV PORT net profit fell 18.3% YoY to Rs 686 million for the quarter ended March 2024, compared to a profit of Rs 840 million a year ago. Net sales rose 7.0% to Rs 2,513 million during the period as against Rs 2,347 million in January-March 2023.

For the year ended March 2023, GUJARAT PIPAVAV PORT reported 58.7% increase in net profit to Rs 3,131 million compared to net profit of Rs 1,973 million during FY22. Revenue of the company grew 23.7% to Rs 9,170 million during FY23.

The current Price to earnings ratio of GUJARAT PIPAVAV PORT, based on rolling 12 month earnings, stands at 32.0.


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