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EMAMI INFRA Gains 7%; BSE REALTY Index Down 0.1%
Thu, 29 Aug 10:51

EMAMI INFRA Gains 7%; BSE REALTY Index Down 0.1%Image source: ipopba/www.istockphoto.com

EMAMI INFRA share price has zoomed 7% and is presently trading at Rs 126.5.

Meanwhile, the BSE REALTY index is at 8,083.4 (down 0.1%).

Among the top gainers in the BSE REALTY index today are Brigade Enterprises (up 2.5%) and PRESTIGE ESTATES (up 0.7%).

INDIABULLS REAL EST (down 2.5%) and SUNTECK REALTY (down 1.6%) are among the top losers today.

Over the last one year, EMAMI INFRA has moved up from Rs 85.8 to Rs 126.5, registering a gain of Rs 40.7 (up 47.4%).

On the other hand, the BSE REALTY index has moved up from 4,308.5 to 8,083.4, registering a gain of 87.6% during the last 12 months.

The top gainers among the BSE REALTY index stocks during this same period were PRESTIGE ESTATES (up 203.7%), Sobha (up 192.4%) and Brigade Enterprises (up 106.1%).

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

What About the Benchmark Indices?

The BSE Sensex is at 81,992.4 (up 0.3%).

The top gainers among the BSE Sensex today are Bajaj Finance (up 2.6%) and Bajaj Finserv (up 2.3%). The most traded stocks in the BSE Sensex are Tata Steel and HDFC Bank.

In the meantime, NSE Nifty is at 25,098.7 (up 0.2%). Bajaj Finance and Bajaj Finserv are among the top gainers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 64,996.6 to 81,992.4, registering a gain of 16,995.8 points (up 26.1%).

EMAMI INFRA Financial Update...

EMAMI INFRA net profit grew 3.8% YoY to Rs -138 million for the quarter ended June 2024, compared to a loss of Rs 144 million a year ago. Net sales declined 58.3% to Rs 54 million during the period as against Rs 130 million in April-June 2023.

For the year ended March 2023, EMAMI INFRA reported 374.1% decrease in net profit to Rs -411 million compared to net profit of Rs 150 million during FY22. Revenue of the company fell 51.1% to Rs 962 million during FY23.

The current Price to earnings ratio of EMAMI INFRA, based on rolling 12 month earnings, stands at -3.9.


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