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?  

RAMKY INFRASTRUCTURE Gains 9%; BSE REALTY Index Up 0.1%
Tue, 15 Oct 13:27

RAMKY INFRASTRUCTURE Gains 9%; BSE REALTY Index Up 0.1%Image source: asbe/www.istockphoto.com

RAMKY INFRASTRUCTURE share price has zoomed 9% and is presently trading at Rs 676.8.

Meanwhile, the BSE REALTY index is at 8,256.0 (up 0.1%).

Among the top gainers in the BSE REALTY index today are SUNTECK REALTY (up 7.6%) and Sobha (up 2.9%).

INDIABULLS REAL EST (down 1.7%) and Brigade Enterprises (down 1.0%) are among the top losers today.

Over the last one year, RAMKY INFRASTRUCTURE has moved up from Rs 589.2 to Rs 676.8, registering a gain of Rs 87.6 (up 14.9%).

On the other hand, the BSE REALTY index has moved up from 4,877.8 to 8,256.0, registering a gain of 69.3% during the last 12 months.

The top gainers among the BSE REALTY index stocks during this same period were PRESTIGE ESTATES (up 158.4%), Sobha (up 141.7%) and Brigade Enterprises (up 106.9%).

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

What About the Benchmark Indices?

The BSE Sensex is at 81,702.7 (down 0.3%).

The top losers among the BSE Sensex today are Bajaj Finance (down 2.3%) and M&M (down 2.0%). The most traded stocks in the BSE Sensex are Tata Steel and Reliance Ind..

In the meantime, NSE Nifty is at 25,043.8 (down 0.3%). Bajaj Auto and Wipro are among the top losers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 66,473.1 to 81,702.7, registering a gain of 15,229.6 points (up 22.9%).

RAMKY INFRASTRUCTURE Financial Update...

RAMKY INFRASTRUCTURE net profit fell 32.6% YoY to Rs 710 million for the quarter ended June 2024, compared to a profit of Rs 1,053 million a year ago. Net sales rose 2.2% to Rs 5,691 million during the period as against Rs 5,568 million in April-June 2023.

For the year ended March 2024, RAMKY INFRASTRUCTURE reported 72.1% decrease in net profit to Rs 3,211 million compared to net profit of Rs 11,526 million during FY23. Revenue of the company grew 26.7% to Rs 21,605 million during FY24.

The current Price to earnings ratio of RAMKY INFRASTRUCTURE, based on rolling 12 month earnings, stands at 16.3.


Equitymaster requests your view! Post a comment on "RAMKY INFRASTRUCTURE Gains 9%; BSE REALTY Index Up 0.1%". Click here!