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ITD CEMENTATION INDIA Gains 3%; BSE REALTY Index Down 1.8%
Fri, 4 Oct 10:17

ITD CEMENTATION INDIA Gains 3%; BSE REALTY Index Down 1.8%Image source: Eoneren/www.istockphoto.com

ITD CEMENTATION INDIA share price has zoomed 3% and is presently trading at Rs 665.4.

Meanwhile, the BSE REALTY index is at 8,041.8 (down 1.8%).

Among the top gainers in the BSE REALTY index today are MAHINDRA LIFESPACE (up 1.3%) and Brigade Enterprises (up 0.5%).

Godrej Properties (down 2.7%) and DLF (down 2.2%) are among the top losers today.

Over the last one year, ITD CEMENTATION INDIA has moved up from Rs 224.9 to Rs 665.4, registering a gain of Rs 440.5 (up 195.9%).

On the other hand, the BSE REALTY index has moved up from 4,625.6 to 8,041.8, registering a gain of 73.9% during the last 12 months.

The top gainers among the BSE REALTY index stocks during this same period were PRESTIGE ESTATES (up 178.6%), Sobha (up 167.2%) and Brigade Enterprises (up 136.7%).

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What About the Benchmark Indices?

The BSE Sensex is at 82,413.6 (down 0.1%).

The top losers among the BSE Sensex today are Bajaj Finance (down 1.6%) and NTPC (down 1.1%). The most traded stocks in the BSE Sensex are Axis Bank and Tata Steel.

In the meantime, NSE Nifty is at 25,213.7 (down 0.1%). BPCL and IOC are among the top losers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 65,512.1 to 82,413.6, registering a gain of 16,901.5 points (up 25.8%).

ITD CEMENTATION INDIA Financial Update...

ITD CEMENTATION INDIA net profit grew 108.5% YoY to Rs 1,001 million for the quarter ended June 2024, compared to a profit of Rs 480 million a year ago. Net sales rose 30.0% to Rs 23,815 million during the period as against Rs 18,326 million in April-June 2023.

For the year ended March 2024, ITD CEMENTATION INDIA reported 119.8% increase in net profit to Rs 2,742 million compared to net profit of Rs 1,247 million during FY23. Revenue of the company grew 51.6% to Rs 77,179 million during FY24.

The current Price to earnings ratio of ITD CEMENTATION INDIA, based on rolling 12 month earnings, stands at 36.8.


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