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SADBHAV INFRA. PROJECT Plunges 5%; BSE REALTY Index Up 1.3%
Fri, 16 Aug 9:25

SADBHAV INFRA. PROJECT Plunges 5%; BSE REALTY Index Up 1.3%Image source: ipopba/www.istockphoto.com

SADBHAV INFRA. PROJECT share price has plunged 5% and is presently trading at Rs 8.1.

Meanwhile, the BSE REALTY index is at 8,094.3 (up 1.3%).

Among the top losers in the BSE REALTY index today is MAHINDRA LIFESPACE (down 0.5%).

PRESTIGE ESTATES (up 2.6%) and DLF (up 2.2%) are among the top gainers today.

Over the last one year, SADBHAV INFRA. PROJECT has moved up from Rs 4.2 to Rs 8.1, registering a gain of Rs 3.9 (up 94.7%).

On the other hand, the BSE REALTY index has moved up from 4,225.3 to 8,094.3, registering a gain of 91.6% during the last 12 months.

The top gainers among the BSE REALTY index stocks during this same period were PRESTIGE ESTATES (up 231.2%), Sobha (up 214.7%) and INDIABULLS REAL EST (up 103.3%).

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

What About the Benchmark Indices?

The BSE Sensex is at 79,792.7 (up 0.9%).

The top gainers among the BSE Sensex today are M&M (up 2.7%) and Tech Mahindra (up 2.4%). The most traded stocks in the BSE Sensex are Tata Steel and Nestle.

In the meantime, NSE Nifty is at 24,342.4 (up 0.8%). M&M and Hindalco are among the top gainers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 65,401.9 to 79,792.7, registering a gain of 14,390.8 points (up 22.0%).

SADBHAV INFRA. PROJECT Financial Update...

SADBHAV INFRA. PROJECT net profit grew 24.5% YoY to Rs -159 million for the quarter ended June 2024, compared to a loss of Rs 211 million a year ago. Net sales declined 30.5% to Rs 1,668 million during the period as against Rs 2,402 million in April-June 2023.

For the year ended March 2023, SADBHAV INFRA. PROJECT reported 1614.9% decrease in net profit to Rs -3,649 million compared to net loss of Rs 213 million during FY22. Revenue of the company fell 14.3% to Rs 8,247 million during FY23.

The current Price to earnings ratio of SADBHAV INFRA. PROJECT, based on rolling 12 month earnings, stands at -0.5.


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