HCC share price has zoomed 5% and is presently trading at Rs 44.5.
Meanwhile, the BSE REALTY index is at 8,245.8 (up 1.5%).
Among the top gainers in the BSE REALTY index today are OBEROI REALTY (up 4.1%) and Godrej Properties (up 2.4%).
Brigade Enterprises (down 1.1%) and SUNTECK REALTY (down 0.8%) are among the top losers today.
Over the last one year, HCC has moved up from Rs 26.6 to Rs 44.5, registering a gain of Rs 17.9 (up 67.1%).
On the other hand, the BSE REALTY index has moved up from 4,842.1 to 8,245.8, registering a gain of 70.3% during the last 12 months.
The top gainers among the BSE REALTY index stocks during this same period were PRESTIGE ESTATES (up 156.1%), Sobha (up 132.4%) and Brigade Enterprises (up 110.7%).
Dear Reader: If You Invest in Midcap Stocks, this is for You
The BSE Sensex is at 81,997.3 (up 0.8%).
The top gainers among the BSE Sensex today are Tech Mahindra (up 2.7%) and L&T (up 2.6%). The most traded stocks in the BSE Sensex are Tata Steel and Tata Motors.
In the meantime, NSE Nifty is at 25,131.8 (up 0.7%). Wipro and L&T are among the top gainers in NSE NIFTY.
Over the last 12 months, the BSE Sensex has moved up from 66,079.4 to 81,997.3, registering a gain of 15,918.0 points (up 24.1%).
HCC net profit fell 140.0% YoY to Rs -159 million for the quarter ended June 2024, compared to a profit of Rs 397 million a year ago. Net sales declined 5.7% to Rs 18,160 million during the period as against Rs 19,265 million in April-June 2023.
For the year ended March 2024, HCC reported 1108.2% increase in net profit to Rs 5,294 million compared to net loss of Rs 525 million during FY23. Revenue of the company fell 15.3% to Rs 70,067 million during FY24.
The current Price to earnings ratio of HCC, based on rolling 12 month earnings, stands at 17.3.
Equitymaster requests your view! Post a comment on "HCC Gains 5%; BSE REALTY Index Up 1.5%". 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!