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GUJARAT PIPAVAV PORT Plunges 3%; BSE REALTY Index Down 1.0%
Thu, 7 Nov 14:30

GUJARAT PIPAVAV PORT Plunges 3%; BSE REALTY Index Down 1.0%Image source: CreativaImages/www.istockphoto.com

GUJARAT PIPAVAV PORT share price has plunged 3% and is presently trading at Rs 189.5.

Meanwhile, the BSE REALTY index is at 7,822.6 (down 1.0%).

Among the top losers in the BSE REALTY index today are Brigade Enterprises (down 3.1%) and DLF (down 2.2%).

MAHINDRA LIFESPACE (up 2.8%) and Phoenix Mill (up 1.1%) are among the top gainers today.

Over the last one year, GUJARAT PIPAVAV PORT has moved up from Rs 128.5 to Rs 189.5, registering a gain of Rs 61.1 (up 47.5%).

On the other hand, the BSE REALTY index has moved up from 5,165.4 to 7,822.6, registering a gain of 51.4% during the last 12 months.

The top gainers among the BSE REALTY index stocks during this same period were Sobha (up 115.9%), PRESTIGE ESTATES (up 105.7%) and Brigade Enterprises (up 71.8%).

Dear Reader: If You Invest in Midcap Stocks, this is for You

What About the Benchmark Indices?

The BSE Sensex is at 79,531.0 (down 1.1%).

The top losers among the BSE Sensex today are Tech Mahindra (down 2.6%) and Tata Motors (down 2.3%). The most traded stocks in the BSE Sensex are Tata Steel and Tata Motors.

In the meantime, NSE Nifty is at 24,201.7 (down 1.2%). Hindalco and Trent are among the top losers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 64,958.7 to 79,531.0, registering a gain of 14,572.3 points (up 22.4%).

GUJARAT PIPAVAV PORT Financial Update...

GUJARAT PIPAVAV PORT net profit fell 17.5% YoY to Rs 724 million for the quarter ended September 2024, compared to a profit of Rs 877 million a year ago. Net sales declined 10.1% to Rs 2,270 million during the period as against Rs 2,526 million in July-September 2023.

For the year ended March 2024, GUJARAT PIPAVAV PORT reported 9.2% increase in net profit to Rs 3,420 million compared to net profit of Rs 3,131 million during FY23. Revenue of the company grew 7.8% to Rs 9,884 million during FY24.

The current Price to earnings ratio of GUJARAT PIPAVAV PORT, based on rolling 12 month earnings, stands at 25.6.


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