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ITD CEMENTATION INDIA Plunges 5%; BSE REALTY Index Down 0.3%
Mon, 8 Jul 10:1

ITD CEMENTATION INDIA Plunges 5%; BSE REALTY Index Down 0.3%Image source: CreativaImages/www.istockphoto.com

ITD CEMENTATION INDIA share price has plunged 5% and is presently trading at Rs 463.5.

Meanwhile, the BSE REALTY index is at 8,712.8 (down 0.3%).

Among the top losers in the BSE REALTY index today are OBEROI REALTY (down 1.6%) and Brigade Enterprises (down 1.5%).

Sobha (up 1.3%) and DLF (up 0.1%) are among the top gainers today.

Over the last one year, ITD CEMENTATION INDIA has moved up from Rs 161.7 to Rs 463.5, registering a gain of Rs 301.9 (up 186.7%).

On the other hand, the BSE REALTY index has moved up from 4,187.4 to 8,712.8, registering a gain of 108.1% during the last 12 months.

The top gainers among the BSE REALTY index stocks during this same period were Sobha (up 285.9%), PRESTIGE ESTATES (up 212.5%) and INDIABULLS REAL EST (up 150.2%).

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

What About the Benchmark Indices?

The BSE Sensex is at 79,835.8 (down 0.2%).

The top losers among the BSE Sensex today are Titan (down 4.1%) and Asian Paints (down 1.3%). The most traded stocks in the BSE Sensex are Tata Steel and Tata Motors.

In the meantime, NSE Nifty is at 24,274.4 (down 0.2%). Titan and Divis Laboratories are among the top losers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 65,479.1 to 79,835.8, registering a gain of 14,356.8 points (up 21.9%).

ITD CEMENTATION INDIA Financial Update...

ITD CEMENTATION INDIA net profit grew 102.1% YoY to Rs 893 million for the quarter ended March 2024, compared to a profit of Rs 442 million a year ago. Net sales rose 38.4% to Rs 22,577 million during the period as against Rs 16,314 million in January-March 2023.

For the year ended March 2023, ITD CEMENTATION INDIA reported 79.9% increase in net profit to Rs 1,247 million compared to net profit of Rs 693 million during FY22. Revenue of the company grew 33.7% to Rs 50,909 million during FY23.

The current Price to earnings ratio of ITD CEMENTATION INDIA, based on rolling 12 month earnings, stands at 30.8.


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