BIGBLOC CONSTRUCTION share price has plunged 46% and is presently trading at Rs 138.9.
Meanwhile, the BSE REALTY index is at 8,063.0 (up 0.6%).
Among the top losers in the BSE REALTY index today are Sobha (down 1.5%) and Brigade Enterprises (down 0.1%).
PRESTIGE ESTATES (up 1.6%) and Godrej Properties (up 1.4%) are among the top gainers today.
Over the last one year, BIGBLOC CONSTRUCTION has moved down from Rs 164.6 to Rs 138.9, registering a loss of Rs 25.7 (down 15.6%).
On the other hand, the BSE REALTY index has moved up from 4,774.4 to 8,063.0, registering a gain of 68.9% during the last 12 months.
The top gainers among the BSE REALTY index stocks during this same period were PRESTIGE ESTATES (up 181.5%), Sobha (up 162.9%) and Brigade Enterprises (up 108.1%).
Must See: These Segments are Witnessing Incredible Growth with Modi's Push
The BSE Sensex is at 81,831.0 (up 0.4%).
The top gainers among the BSE Sensex today are Tata Steel (up 1.8%) and MUNDRA PORT & SEZ (up 1.6%). The most traded stocks in the BSE Sensex are Tata Steel and Tata Motors.
In the meantime, NSE Nifty is at 25,045.8 (up 0.5%). Tata Steel and MUNDRA PORT & SEZ are among the top gainers in NSE NIFTY.
Over the last 12 months, the BSE Sensex has moved up from 67,127.1 to 81,831.0, registering a gain of 14,703.9 points (up 21.9%).
BIGBLOC CONSTRUCTION net profit fell 48.6% YoY to Rs 30 million for the quarter ended June 2024, compared to a profit of Rs 59 million a year ago. Net sales declined 6.0% to Rs 516 million during the period as against Rs 549 million in April-June 2023.
For the year ended March 2024, BIGBLOC CONSTRUCTION reported 1.8% increase in net profit to Rs 307 million compared to net profit of Rs 301 million during FY23. Revenue of the company grew 21.5% to Rs 2,432 million during FY24.
The current Price to earnings ratio of BIGBLOC CONSTRUCTION, based on rolling 12 month earnings, stands at 35.3.
Equitymaster requests your view! Post a comment on "BIGBLOC CONSTRUCTION Plunges 46%; BSE REALTY Index Up 0.6%". 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!