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ITD CEMENTATION INDIA Plunges 7%; BSE REALTY Index Up 0.6%
Thu, 4 Jul 9:54

ITD CEMENTATION INDIA Plunges 7%; BSE REALTY Index Up 0.6%Image source: StarLineArts/www.istockphoto.com

ITD CEMENTATION INDIA share price has plunged 7% and is presently trading at Rs 532.8.

Meanwhile, the BSE REALTY index is at 8,753.7 (up 0.6%).

Among the top losers in the BSE REALTY index today is SUNTECK REALTY (down 0.1%).

Brigade Enterprises (up 2.9%) and MAHINDRA LIFESPACE (up 2.1%) are among the top gainers today.

Over the last one year, ITD CEMENTATION INDIA has moved up from Rs 162.2 to Rs 532.8, registering a gain of Rs 370.6 (up 228.5%).

On the other hand, the BSE REALTY index has moved up from 4,196.4 to 8,753.7, 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 272.2%), PRESTIGE ESTATES (up 215.4%) and INDIABULLS REAL EST (up 151.2%).

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

What About the Benchmark Indices?

The BSE Sensex is at 80,354.8 (up 0.5%).

The top gainers among the BSE Sensex today are ICICI Bank (up 1.9%) and Tata Motors (up 1.7%). The most traded stocks in the BSE Sensex are HDFC Bank and Tata Motors.

In the meantime, NSE Nifty is at 24,388.5 (up 0.4%). ICICI Bank and HCl Tech. are among the top gainers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 65,205.1 to 80,354.8, registering a gain of 15,149.7 points (up 23.2%).

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 35.4.


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