Helping You Build Wealth With Honest Research
Since 1996. Read On...

MEMBER'S LOGINX

     
Invalid Username / Password
   
     
   
     
 
Invalid Captcha
   
 
 
 
(Please do not use this option on a public machine)
 
     
 
 
 
  Sign Up | Forgot Password?  

SHRIRAM PROPERTIES Gains 6%; BSE REALTY Index Up 0.0%
Tue, 3 Sep 14:7

SHRIRAM PROPERTIES  Gains 6%; BSE REALTY Index Up 0.0%Image source: StarLineArts/www.istockphoto.com

SHRIRAM PROPERTIES share price has zoomed 6% and is presently trading at Rs 144.1.

Meanwhile, the BSE REALTY index is at 8,213.4 .

Among the top gainers in the BSE REALTY index today are INDIABULLS REAL EST (up 1.3%) and Brigade Enterprises (up 1.1%).

SUNTECK REALTY (down 1.3%) and Phoenix Mill (down 1.3%) are among the top losers today.

Over the last one year, SHRIRAM PROPERTIES has moved up from Rs 90.0 to Rs 144.1, registering a gain of Rs 54.1 (up 60.1%).

On the other hand, the BSE REALTY index has moved up from 4,438.1 to 8,213.4, registering a gain of 85.1% during the last 12 months.

The top gainers among the BSE REALTY index stocks during this same period were Sobha (up 195.0%), PRESTIGE ESTATES (up 194.0%) and Brigade Enterprises (up 110.5%).

Must See: These Segments are Witnessing Incredible Growth with Modi's Push

What About the Benchmark Indices?

The BSE Sensex is at 82,491.7 (down 0.1%).

The top losers among the BSE Sensex today are Bajaj Finance (down 2.8%) and Bajaj Finserv (down 1.3%). The most traded stocks in the BSE Sensex are Kotak Bank and Tata Steel.

In the meantime, NSE Nifty is at 25,264.1 (down 0.1%). Bajaj Finance and IOC are among the top losers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 65,087.3 to 82,491.7, registering a gain of 17,404.4 points (up 26.7%).

SHRIRAM PROPERTIES Financial Update...

SHRIRAM PROPERTIES net profit grew 35.2% YoY to Rs 143 million for the quarter ended June 2024, compared to a profit of Rs 106 million a year ago. Net sales rose 14.0% to Rs 1,540 million during the period as against Rs 1,350 million in April-June 2023.

For the year ended March 2023, SHRIRAM PROPERTIES reported 278.5% increase in net profit to Rs 683 million compared to net profit of Rs 180 million during FY22. Revenue of the company grew 55.8% to Rs 6,744 million during FY23.

The current Price to earnings ratio of SHRIRAM PROPERTIES , based on rolling 12 month earnings, stands at 24.9.


Equitymaster requests your view! Post a comment on "SHRIRAM PROPERTIES Gains 6%; BSE REALTY Index Up 0.0%". Click here!