Helping You Build Wealth With Honest Research
Since 1996. Read On...

MEMBER'S LOGINX

     
Invalid Username / Password
   
     
   
     
 
Invalid Captcha
   
 
 
 
(Please do not use this option on a public machine)
 
     
 
 
 
  Sign Up | Forgot Password?  

MAHINDRA LIFESPACE Gains 5%; BSE REALTY Index Up 0.1%
Wed, 25 Sep 11:41

MAHINDRA LIFESPACE  Gains 5%; BSE REALTY Index Up 0.1%Image source: hudiemm/www.istockphoto.com

MAHINDRA LIFESPACE share price has zoomed 5% and is presently trading at Rs 573.5.

Meanwhile, the BSE REALTY index is at 8,773.5 (up 0.1%).

Among the top gainers in the BSE REALTY index today are INDIABULLS REAL EST (up 2.0%) and Godrej Properties (up 1.2%).

Sobha (down 1.7%) and PRESTIGE ESTATES (down 0.7%) are among the top losers today.

Over the last one year, MAHINDRA LIFESPACE has moved up from Rs 542.1 to Rs 573.5, registering a gain of Rs 31.5 (up 5.8%).

On the other hand, the BSE REALTY index has moved up from 4,562.1 to 8,773.5, registering a gain of 92.3% during the last 12 months.

The top gainers among the BSE REALTY index stocks during this same period were PRESTIGE ESTATES (up 203.3%), Sobha (up 194.5%) and Brigade Enterprises (up 125.7%).

Must See: These Segments are Witnessing Incredible Growth with Modi's Push

What About the Benchmark Indices?

The BSE Sensex is at 84,913.4 .

The top losers among the BSE Sensex today are Tech Mahindra (down 2.1%) and Tata Motors (down 1.4%). The most traded stocks in the BSE Sensex are HDFC Bank and Tata Steel.

In the meantime, NSE Nifty is at 25,921.4 (down 0.1%). LTIMINDTREE and Tech Mahindra are among the top losers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 66,023.7 to 84,913.4, registering a gain of 18,889.7 points (up 28.6%).

MAHINDRA LIFESPACE Financial Update...

MAHINDRA LIFESPACE net profit grew 18.0% YoY to Rs -237 million for the quarter ended June 2024, compared to a loss of Rs 289 million a year ago. Net sales rose 91.9% to Rs 1,881 million during the period as against Rs 980 million in April-June 2023.

For the year ended March 2024, MAHINDRA LIFESPACE reported 4.4% decrease in net profit to Rs 983 million compared to net profit of Rs 1,028 million during FY23. Revenue of the company fell 65.0% to Rs 2,121 million during FY24.

The current Price to earnings ratio of MAHINDRA LIFESPACE , based on rolling 12 month earnings, stands at -117.1.


Equitymaster requests your view! Post a comment on "MAHINDRA LIFESPACE Gains 5%; BSE REALTY Index Up 0.1%". Click here!