SIMPLEX REALTY share price has zoomed 5% and is presently trading at Rs 170.0.
Meanwhile, the BSE REALTY index is at 7,756.8 (down 4.2%).
Phoenix Mill (down 8.4%) and Godrej Properties (down 4.9%) are among the top losers today.
Over the last one year, SIMPLEX REALTY has moved up from Rs 91.0 to Rs 170.0, registering a gain of Rs 79.1 (up 86.9%).
On the other hand, the BSE REALTY index has moved up from 4,455.6 to 7,756.8, registering a gain of 74.1% during the last 12 months.
The top gainers among the BSE REALTY index stocks during this same period were PRESTIGE ESTATES (up 182.6%), Sobha (up 180.1%) and Brigade Enterprises (up 96.4%).
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The BSE Sensex is at 79,456.2 (down 1.9%).
The top losers among the BSE Sensex today are Tata Motors (down 4.2%) and JSW Steel (down 3.5%). The most traded stocks in the BSE Sensex are Tata Steel and Tata Motors.
In the meantime, NSE Nifty is at 24,271.4 (down 1.8%). Tata Motors and Hindalco are among the top losers in NSE NIFTY.
Over the last 12 months, the BSE Sensex has moved up from 66,459.3 to 79,456.2, registering a gain of 12,996.8 points (up 19.6%).
SIMPLEX REALTY net profit grew 17.5% YoY to Rs 6 million for the quarter ended March 2024, compared to a profit of Rs 5 million a year ago. Net sales rose 31.4% to Rs 3 million during the period as against Rs 2 million in January-March 2023.
For the year ended March 2024, SIMPLEX REALTY reported 303.3% increase in net profit to Rs 51 million compared to net profit of Rs 13 million during FY23. Revenue of the company grew 11.6% to Rs 18 million during FY24.
The current Price to earnings ratio of SIMPLEX REALTY, based on rolling 12 month earnings, stands at 9.8.
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