INDIABULLS REAL EST share price has zoomed 8% and is presently trading at Rs 131.7.
Meanwhile, the BSE REALTY index is at 8,097.8 (up 0.9%).
Among the top gainers in the BSE REALTY index today are OBEROI REALTY (up 2.1%) and Sobha (up 1.5%).
Brigade Enterprises (down 2.8%) and MAHINDRA LIFESPACE (down 1.1%) are among the top losers today.
Over the last one year, INDIABULLS REAL EST has moved up from Rs 79.5 to Rs 131.7, registering a gain of Rs 52.2 (up 65.6%).
On the other hand, the BSE REALTY index has moved up from 5,493.3 to 8,097.8, registering a gain of 47.4% during the last 12 months.
The top gainers among the BSE REALTY index stocks during this same period were Sobha (up 91.3%), PRESTIGE ESTATES (up 89.3%) and Brigade Enterprises (up 63.5%).
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The BSE Sensex is at 79,955.8 (down 0.2%).
The top losers among the BSE Sensex today are MUNDRA PORT & SEZ (down 2.8%) and Ultratech Cement (down 2.5%). The most traded stocks in the BSE Sensex are Tata Steel and Tata Motors.
In the meantime, NSE Nifty is at 24,187.4 (down 0.1%). Adani Enterprises and MUNDRA PORT & SEZ are among the top losers in NSE NIFTY.
Over the last 12 months, the BSE Sensex has moved up from 66,023.2 to 79,955.8, registering a gain of 13,932.5 points (up 21.1%).
INDIABULLS REAL EST net profit grew 233.1% YoY to Rs 243 million for the quarter ended September 2024, compared to a loss of Rs 182 million a year ago. Net sales rose 155.3% to Rs 2,460 million during the period as against Rs 964 million in July-September 2023.
For the year ended March 2024, INDIABULLS REAL EST reported 70.9% decrease in net profit to Rs -10,384 million compared to net loss of Rs 6,076 million during FY23. Revenue of the company fell 29.5% to Rs 4,138 million during FY24.
The current Price to earnings ratio of INDIABULLS REAL EST, based on rolling 12 month earnings, stands at -24.3.
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