COMMERCIAL ENGINEERS share price has plunged 3% and is presently trading at Rs 523.6.
Meanwhile, the BSE REALTY index is at 8,782.7 (down 0.1%).
Among the top losers in the BSE REALTY index today are Sobha (down 2.4%) and SUNTECK REALTY (down 1.4%).
Phoenix Mill (up 1.5%) and DLF (up 1.2%) are among the top gainers today.
Over the last one year, COMMERCIAL ENGINEERS has moved up from Rs 319.4 to Rs 523.6, registering a gain of Rs 204.2 (up 63.9%).
On the other hand, the BSE REALTY index has moved up from 4,578.0 to 8,782.7, registering a gain of 91.8% during the last 12 months.
The top gainers among the BSE REALTY index stocks during this same period were PRESTIGE ESTATES (up 212.0%), Sobha (up 205.3%) and Brigade Enterprises (up 128.3%).
Must See: These Segments are Witnessing Incredible Growth with Modi's Push
The BSE Sensex is at 85,153.8 (up 0.3%).
The top gainers among the BSE Sensex today are Tata Steel (up 4.4%) and Power Grid Corp. (up 2.5%). The most traded stocks in the BSE Sensex are Tata Steel and NTPC.
In the meantime, NSE Nifty is at 25,962.8 (up 0.1%). Tata Steel and Hindalco are among the top gainers in NSE NIFTY.
Over the last 12 months, the BSE Sensex has moved up from 66,800.8 to 85,153.8, registering a gain of 18,353.0 points (up 27.5%).
COMMERCIAL ENGINEERS net profit grew 45.4% YoY to Rs 917 million for the quarter ended June 2024, compared to a profit of Rs 631 million a year ago. Net sales rose 16.8% to Rs 8,799 million during the period as against Rs 7,532 million in April-June 2023.
For the year ended March 2024, COMMERCIAL ENGINEERS reported 174.3% increase in net profit to Rs 3,310 million compared to net profit of Rs 1,207 million during FY23. Revenue of the company grew 76.2% to Rs 36,437 million during FY24.
The current Price to earnings ratio of COMMERCIAL ENGINEERS, based on rolling 12 month earnings, stands at 61.3.
Equitymaster requests your view! Post a comment on "COMMERCIAL ENGINEERS Plunges 3%; BSE REALTY Index Down 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!