SHRIRAM PROPERTIES share price has zoomed 6% and is presently trading at Rs 133.9.
Meanwhile, the BSE REALTY index is at 8,062.9 (down 1.1%).
Among the top gainers in the BSE REALTY index today are SUNTECK REALTY (up 2.6%) and INDIABULLS REAL EST (up 1.0%).
OBEROI REALTY (down 1.6%) and Brigade Enterprises (down 1.4%) are among the top losers today.
Over the last one year, SHRIRAM PROPERTIES has moved up from Rs 75.6 to Rs 133.9, registering a gain of Rs 58.3 (up 77.1%).
On the other hand, the BSE REALTY index has moved up from 4,287.0 to 8,062.9, registering a gain of 88.1% during the last 12 months.
The top gainers among the BSE REALTY index stocks during this same period were PRESTIGE ESTATES (up 210.3%), Sobha (up 199.9%) and INDIABULLS REAL EST (up 125.1%).
Must See: These Segments are Witnessing Incredible Growth with Modi's Push
The BSE Sensex is at 81,141.6 (up 0.1%).
The top gainers among the BSE Sensex today are Tata Motors (up 1.7%) and Sun Pharma (up 0.9%). The most traded stocks in the BSE Sensex are Tata Steel and Tata Motors.
In the meantime, NSE Nifty is at 24,847.2 (up 0.1%). Bajaj Auto and Tata Motors are among the top gainers in NSE NIFTY.
Over the last 12 months, the BSE Sensex has moved up from 65,216.1 to 81,141.6, registering a gain of 15,925.5 points (up 24.4%).
SHRIRAM PROPERTIES net profit grew 35.2% YoY to Rs 143 million for the quarter ended June 2024, compared to a profit of Rs 106 million a year ago. Net sales rose 14.0% to Rs 1,540 million during the period as against Rs 1,350 million in April-June 2023.
For the year ended March 2023, SHRIRAM PROPERTIES reported 278.5% increase in net profit to Rs 683 million compared to net profit of Rs 180 million during FY22. Revenue of the company grew 55.8% to Rs 6,744 million during FY23.
The current Price to earnings ratio of SHRIRAM PROPERTIES , based on rolling 12 month earnings, stands at 23.1.
Equitymaster requests your view! Post a comment on "SHRIRAM PROPERTIES Gains 6%; BSE REALTY Index Down 1.1%". Click here!
Comments are moderated by Equitymaster, in accordance with the Terms of Use, and may not appear
on this article until they have been reviewed and deemed appropriate for posting.
In the meantime, you may want to share this article with your friends!