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?  

Puravankara Gains 5%; BSE REALTY Index Down 0.4%
Wed, 27 Nov 9:30

Puravankara Gains 5%; BSE REALTY Index Down 0.4%Image source: Chunumunu/www.istockphoto.com

Puravankara share price has zoomed 5% and is presently trading at Rs 375.3.

Meanwhile, the BSE REALTY index is at 8,001.1 (down 0.4%).

Among the top gainers in the BSE REALTY index today are Phoenix Mill (up 0.9%) and Brigade Enterprises (up 0.7%).

PRESTIGE ESTATES (down 3.8%) and SUNTECK REALTY (down 2.0%) are among the top losers today.

Over the last one year, Puravankara has moved up from Rs 162.2 to Rs 375.3, registering a gain of Rs 213.1 (up 131.4%).

On the other hand, the BSE REALTY index has moved up from 5,597.5 to 8,001.1, registering a gain of 42.9% during the last 12 months.

The top gainers among the BSE REALTY index stocks during this same period were Sobha (up 87.0%), PRESTIGE ESTATES (up 71.1%) and Brigade Enterprises (up 57.3%).

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

What About the Benchmark Indices?

The BSE Sensex is at 79,975.8 .

The top losers among the BSE Sensex today are Bharti Airtel (down 1.0%) and Indusind Bank (down 0.8%). The most traded stocks in the BSE Sensex are Tata Steel and Tata Motors.

In the meantime, NSE Nifty is at 24,186.5 . Cipla and Bharti Airtel are among the top losers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 66,174.2 to 79,975.8, registering a gain of 13,801.6 points (up 20.9%).

Puravankara Financial Update...

Puravankara net profit fell 169.2% YoY to Rs -249 million for the quarter ended September 2024, compared to a loss of Rs 93 million a year ago. Net sales rose 34.5% to Rs 4,955 million during the period as against Rs 3,683 million in July-September 2023.

For the year ended March 2024, Puravankara reported 36.9% decrease in net profit to Rs 420 million compared to net profit of Rs 665 million during FY23. Revenue of the company grew 76.8% to Rs 21,853 million during FY24.

The current Price to earnings ratio of Puravankara, based on rolling 12 month earnings, stands at 137.0.


Equitymaster requests your view! Post a comment on "Puravankara Gains 5%; BSE REALTY Index Down 0.4%". Click here!