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SURAJ ESTATE DEVELOPERS LTD. Gains 5%; BSE REALTY Index Down 0.3%
Mon, 8 Jul 10:0

SURAJ ESTATE DEVELOPERS LTD. Gains 5%; BSE REALTY Index Down 0.3%Image source: alexsl/www.istockphoto.com

SURAJ ESTATE DEVELOPERS LTD. share price has zoomed 5% and is presently trading at Rs 650.0.

Meanwhile, the BSE REALTY index is at 8,712.8 (down 0.3%).

Among the top gainers in the BSE REALTY index today are Sobha (up 1.3%) and DLF (up 0.1%).

OBEROI REALTY (down 1.6%) and Brigade Enterprises (down 1.5%) are among the top losers today.

Over the last one year, SURAJ ESTATE DEVELOPERS LTD. has moved up from Rs 0.0 to Rs 650.0, registering a gain of Rs 650.0 .

On the other hand, the BSE REALTY index has moved up from 4,187.4 to 8,712.8, registering a gain of 108.1% during the last 12 months.

The top gainers among the BSE REALTY index stocks during this same period were Sobha (up 285.9%), PRESTIGE ESTATES (up 212.5%) and INDIABULLS REAL EST (up 150.2%).

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

What About the Benchmark Indices?

The BSE Sensex is at 79,835.8 (down 0.2%).

The top losers among the BSE Sensex today are Titan (down 4.1%) and Asian Paints (down 1.3%). The most traded stocks in the BSE Sensex are Tata Steel and Tata Motors.

In the meantime, NSE Nifty is at 24,276.6 (down 0.2%). Titan and Divis Laboratories are among the top losers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 65,479.1 to 79,835.8, registering a gain of 14,356.8 points (up 21.9%).

SURAJ ESTATE DEVELOPERS LTD. Financial Update...

SURAJ ESTATE DEVELOPERS LTD. net profit fell {profitpercent} YoY to Rs 195 million for the quarter ended March 2024, compared to a profit of Rs {profitnumberprev} million a year ago. Net sales declined {salespercent} to Rs 1,004 million during the period as against Rs {salesnumberprev} million in {quarterprev}.

For the year ended March 2023, SURAJ ESTATE DEVELOPERS LTD. reported 21.0% increase in net profit to Rs 321 million compared to net profit of Rs 265 million during FY22. Revenue of the company grew 12.1% to Rs 3,057 million during FY23.


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