SHRIRAM PROPERTIES share price has zoomed 6% and is presently trading at Rs 144.1.
Meanwhile, the BSE REALTY index is at 8,213.4 .
Among the top gainers in the BSE REALTY index today are INDIABULLS REAL EST (up 1.3%) and Brigade Enterprises (up 1.1%).
SUNTECK REALTY (down 1.3%) and Phoenix Mill (down 1.3%) are among the top losers today.
Over the last one year, SHRIRAM PROPERTIES has moved up from Rs 90.0 to Rs 144.1, registering a gain of Rs 54.1 (up 60.1%).
On the other hand, the BSE REALTY index has moved up from 4,438.1 to 8,213.4, registering a gain of 85.1% during the last 12 months.
The top gainers among the BSE REALTY index stocks during this same period were Sobha (up 195.0%), PRESTIGE ESTATES (up 194.0%) and Brigade Enterprises (up 110.5%).
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The BSE Sensex is at 82,491.7 (down 0.1%).
The top losers among the BSE Sensex today are Bajaj Finance (down 2.8%) and Bajaj Finserv (down 1.3%). The most traded stocks in the BSE Sensex are Kotak Bank and Tata Steel.
In the meantime, NSE Nifty is at 25,264.1 (down 0.1%). Bajaj Finance and IOC are among the top losers in NSE NIFTY.
Over the last 12 months, the BSE Sensex has moved up from 65,087.3 to 82,491.7, registering a gain of 17,404.4 points (up 26.7%).
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 24.9.
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