BL KASHYAP & SONS share price has plunged 6% and is presently trading at Rs 88.0.
Meanwhile, the BSE REALTY index is at 7,992.3 (down 0.8%).
Among the top losers in the BSE REALTY index today are MAHINDRA LIFESPACE (down 5.6%) and OBEROI REALTY (down 3.3%).
Phoenix Mill (up 0.7%) and Brigade Enterprises (up 0.1%) are among the top gainers today.
Over the last one year, BL KASHYAP & SONS has moved up from Rs 62.9 to Rs 88.0, registering a gain of Rs 25.1 (up 40.0%).
On the other hand, the BSE REALTY index has moved up from 4,625.6 to 7,992.3, registering a gain of 72.8% 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 157.6%) and Brigade Enterprises (up 135.8%).
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The BSE Sensex is at 81,178.8 (down 0.6%).
The top losers among the BSE Sensex today are NTPC (down 4.1%) and MUNDRA PORT & SEZ (down 3.8%). The most traded stocks in the BSE Sensex are Tata Steel and Axis Bank.
In the meantime, NSE Nifty is at 24,793.9 (down 0.9%). NTPC and MUNDRA PORT & SEZ are among the top losers in NSE NIFTY.
Over the last 12 months, the BSE Sensex has moved up from 65,512.1 to 81,178.8, registering a gain of 15,666.7 points (up 23.9%).
BL KASHYAP & SONS net profit grew 103.4% YoY to Rs 202 million for the quarter ended June 2024, compared to a profit of Rs 100 million a year ago. Net sales rose 38.6% to Rs 3,503 million during the period as against Rs 2,527 million in April-June 2023.
For the year ended March 2024, BL KASHYAP & SONS reported 137.3% increase in net profit to Rs 525 million compared to net profit of Rs 221 million during FY23. Revenue of the company grew 12.1% to Rs 12,445 million during FY24.
The current Price to earnings ratio of BL KASHYAP & SONS, based on rolling 12 month earnings, stands at 31.6.
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