MAHINDRA LIFESPACE share price has zoomed 5% and is presently trading at Rs 573.5.
Meanwhile, the BSE REALTY index is at 8,773.5 (up 0.1%).
Among the top gainers in the BSE REALTY index today are INDIABULLS REAL EST (up 2.0%) and Godrej Properties (up 1.2%).
Sobha (down 1.7%) and PRESTIGE ESTATES (down 0.7%) are among the top losers today.
Over the last one year, MAHINDRA LIFESPACE has moved up from Rs 542.1 to Rs 573.5, registering a gain of Rs 31.5 (up 5.8%).
On the other hand, the BSE REALTY index has moved up from 4,562.1 to 8,773.5, registering a gain of 92.3% during the last 12 months.
The top gainers among the BSE REALTY index stocks during this same period were PRESTIGE ESTATES (up 203.3%), Sobha (up 194.5%) and Brigade Enterprises (up 125.7%).
Must See: These Segments are Witnessing Incredible Growth with Modi's Push
The BSE Sensex is at 84,913.4 .
The top losers among the BSE Sensex today are Tech Mahindra (down 2.1%) and Tata Motors (down 1.4%). The most traded stocks in the BSE Sensex are HDFC Bank and Tata Steel.
In the meantime, NSE Nifty is at 25,921.4 (down 0.1%). LTIMINDTREE and Tech Mahindra are among the top losers in NSE NIFTY.
Over the last 12 months, the BSE Sensex has moved up from 66,023.7 to 84,913.4, registering a gain of 18,889.7 points (up 28.6%).
MAHINDRA LIFESPACE net profit grew 18.0% YoY to Rs -237 million for the quarter ended June 2024, compared to a loss of Rs 289 million a year ago. Net sales rose 91.9% to Rs 1,881 million during the period as against Rs 980 million in April-June 2023.
For the year ended March 2024, MAHINDRA LIFESPACE reported 4.4% decrease in net profit to Rs 983 million compared to net profit of Rs 1,028 million during FY23. Revenue of the company fell 65.0% to Rs 2,121 million during FY24.
The current Price to earnings ratio of MAHINDRA LIFESPACE , based on rolling 12 month earnings, stands at -117.1.
Equitymaster requests your view! Post a comment on "MAHINDRA LIFESPACE 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!