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BIGBLOC CONSTRUCTION Gains 9%; BSE REALTY Index Up 1.5%
Mon, 14 Oct 16:20

BIGBLOC CONSTRUCTION Gains 9%; BSE REALTY Index Up 1.5%Image source: Nikada/www.istockphoto.com

BIGBLOC CONSTRUCTION share price has zoomed 9% and is presently trading at Rs 135.5.

Meanwhile, the BSE REALTY index is at 8,250.7 (up 1.5%).

Among the top gainers in the BSE REALTY index today are OBEROI REALTY (up 3.9%) and Godrej Properties (up 2.7%).

Brigade Enterprises (down 1.7%) and Phoenix Mill (down 1.3%) are among the top losers today.

Over the last one year, BIGBLOC CONSTRUCTION has moved up from Rs 86.1 to Rs 135.5, registering a gain of Rs 49.4 (up 57.4%).

On the other hand, the BSE REALTY index has moved up from 4,842.1 to 8,250.7, registering a gain of 70.4% during the last 12 months.

The top gainers among the BSE REALTY index stocks during this same period were PRESTIGE ESTATES (up 154.4%), Sobha (up 133.2%) and Brigade Enterprises (up 109.4%).

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What About the Benchmark Indices?

The BSE Sensex is at 81,973.1 (up 0.7%).

The top gainers among the BSE Sensex today are Tech Mahindra (up 2.9%) and HDFC Bank (up 2.3%). The most traded stocks in the BSE Sensex are Tata Steel and HDFC Bank.

In the meantime, NSE Nifty is at 25,142.3 (up 0.7%). Wipro and Tech Mahindra are among the top gainers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 66,079.4 to 81,973.1, registering a gain of 15,893.7 points (up 24.1%).

BIGBLOC CONSTRUCTION Financial Update...

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 69.0.


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