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BL KASHYAP & SONS Gains 6%; BSE REALTY Index Down 2.4%
Wed, 19 Jun 9:59

BL KASHYAP & SONS share price has zoomed 6% and is presently trading at Rs 93.0.

Meanwhile, the BSE REALTY index is at 8,792.8 (down 2.4%).

Among the top gainers in the BSE REALTY index today is MAHINDRA LIFESPACE (up 1.5%).

Phoenix Mill (down 4.9%) and Sobha (down 3.4%) are among the top losers today.

Over the last one year, BL KASHYAP & SONS has moved up from Rs 39.9 to Rs 93.0, registering a gain of Rs 53.1 (up 132.8%).

On the other hand, the BSE REALTY index has moved up from 4,179.7 to 8,792.8, registering a gain of 110.4% during the last 12 months.

The top gainers among the BSE REALTY index stocks during this same period were Sobha (up 267.8%), PRESTIGE ESTATES (up 213.8%) and Phoenix Mill (up 133.2%).

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What About the Benchmark Indices?

The BSE Sensex is at 77,415.2 (up 0.1%).

The top gainers among the BSE Sensex today are Indusind Bank (up 2.3%) and ICICI Bank (up 1.7%). The most traded stocks in the BSE Sensex are Tata Steel and ICICI Bank.

In the meantime, NSE Nifty is at 23,588.6 (up 0.1%). Indusind Bank and ICICI Bank are among the top gainers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 63,228.5 to 77,415.2, registering a gain of 14,186.7 points (up 22.4%).

BL KASHYAP & SONS Financial Update...

BL KASHYAP & SONS net profit grew 174.1% YoY to Rs 237 million for the quarter ended March 2024, compared to a loss of Rs 319 million a year ago. Net sales rose 23.6% to Rs 3,412 million during the period as against Rs 2,759 million in January-March 2023.

For the year ended March 2023, BL KASHYAP & SONS reported 49.6% decrease in net profit to Rs 221 million compared to net profit of Rs 439 million during FY22. Revenue of the company fell 4.1% to Rs 11,100 million during FY23.

The current Price to earnings ratio of BL KASHYAP & SONS, based on rolling 12 month earnings, stands at 39.9.


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