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BL KASHYAP & SONS Gains 6%; BSE REALTY Index Up 1.0%
Wed, 30 Oct 11:58

BL KASHYAP & SONS Gains 6%; BSE REALTY Index Up 1.0%Image source: Chunumunu/www.istockphoto.com

BL KASHYAP & SONS share price has zoomed 6% and is presently trading at Rs 82.3.

Meanwhile, the BSE REALTY index is at 7,909.2 (up 1.0%).

Among the top gainers in the BSE REALTY index today are Phoenix Mill (up 5.3%) and PRESTIGE ESTATES (up 2.8%).

Godrej Properties (down 0.5%) and OBEROI REALTY (down 0.2%) are among the top losers today.

Over the last one year, BL KASHYAP & SONS has moved up from Rs 65.3 to Rs 82.3, registering a gain of Rs 17.0 (up 26.0%).

On the other hand, the BSE REALTY index has moved up from 4,714.3 to 7,909.2, registering a gain of 67.8% during the last 12 months.

The top gainers among the BSE REALTY index stocks during this same period were Sobha (up 129.5%), PRESTIGE ESTATES (up 120.0%) and Brigade Enterprises (up 95.1%).

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What About the Benchmark Indices?

The BSE Sensex is at 80,243.9 (down 0.2%).

The top losers among the BSE Sensex today are ICICI Bank (down 1.7%) and Axis Bank (down 1.1%). The most traded stocks in the BSE Sensex are Power Grid Corp. and Tata Motors.

In the meantime, NSE Nifty is at 24,437.3 (down 0.1%). Cipla and SBI LIFE INSURANCE are among the top losers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 64,112.7 to 80,243.9, registering a gain of 16,131.3 points (up 25.2%).

BL KASHYAP & SONS Financial Update...

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 29.5.


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