NCC share price has zoomed 5% and is presently trading at Rs 324.4.
Meanwhile, the BSE REALTY index is at 8,195.9 (up 0.1%).
Among the top gainers in the BSE REALTY index today are Phoenix Mill (up 1.9%) and PRESTIGE ESTATES (up 1.6%).
Godrej Properties (down 1.0%) and Brigade Enterprises (down 1.0%) are among the top losers today.
Over the last one year, NCC has moved up from Rs 154.8 to Rs 324.4, registering a gain of Rs 169.6 (up 109.6%).
On the other hand, the BSE REALTY index has moved up from 4,225.3 to 8,195.9, registering a gain of 94.0% during the last 12 months.
The top gainers among the BSE REALTY index stocks during this same period were PRESTIGE ESTATES (up 233.1%), Sobha (up 213.6%) and INDIABULLS REAL EST (up 100.8%).
Must See: These Segments are Witnessing Incredible Growth with Modi's Push
The BSE Sensex is at 80,488.4 (up 0.1%).
The top gainers among the BSE Sensex today are NTPC (up 1.8%) and Reliance Ind. (up 1.2%). The most traded stocks in the BSE Sensex are Tata Steel and SBI.
In the meantime, NSE Nifty is at 24,574.5 (up 0.1%). Hindalco and BPCL are among the top gainers in NSE NIFTY.
Over the last 12 months, the BSE Sensex has moved up from 65,401.9 to 80,488.4, registering a gain of 15,086.5 points (up 23.1%).
NCC net profit grew 21.9% YoY to Rs 2,222 million for the quarter ended June 2024, compared to a profit of Rs 1,822 million a year ago. Net sales rose 26.2% to Rs 55,280 million during the period as against Rs 43,804 million in April-June 2023.
For the year ended March 2024, NCC reported 14.6% increase in net profit to Rs 7,404 million compared to net profit of Rs 6,462 million during FY23. Revenue of the company grew 34.0% to Rs 208,450 million during FY24.
The current Price to earnings ratio of NCC, based on rolling 12 month earnings, stands at 26.3.
Equitymaster requests your view! Post a comment on "NCC Gains 5%; BSE REALTY Index Up 0.1%". 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!