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BIGBLOC CONSTRUCTION Gains 6%; BSE REALTY Index Up 1.8%
Tue, 19 Nov 10:1

BIGBLOC CONSTRUCTION Gains 6%; BSE REALTY Index Up 1.8%Image source: Sakorn BernardaSv/www.istockphoto.com

BIGBLOC CONSTRUCTION share price has zoomed 6% and is presently trading at Rs 106.7.

Meanwhile, the BSE REALTY index is at 7,577.4 (up 1.8%).

Among the top gainers in the BSE REALTY index today are Sobha (up 3.3%) and OBEROI REALTY (up 3.1%).

SUNTECK REALTY (down 0.5%) is among the top losers today.

Over the last one year, BIGBLOC CONSTRUCTION has moved up from Rs 77.3 to Rs 106.7, registering a gain of Rs 29.4 (up 38.0%).

On the other hand, the BSE REALTY index has moved up from 5,409.5 to 7,577.4, registering a gain of 40.1% during the last 12 months.

The top gainers among the BSE REALTY index stocks during this same period were Sobha (up 87.5%), PRESTIGE ESTATES (up 78.8%) and Brigade Enterprises (up 56.2%).

Revealed: Our Big Prediction

What About the Benchmark Indices?

The BSE Sensex is at 78,076.3 (up 1.0%).

The top gainers among the BSE Sensex today are M&M (up 3.2%) and MUNDRA PORT & SEZ (up 2.2%). The most traded stocks in the BSE Sensex are Tata Steel and NTPC.

In the meantime, NSE Nifty is at 23,675.7 (up 1.0%). Trent and M&M are among the top gainers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 65,675.9 to 78,076.3, registering a gain of 12,400.3 points (up 18.9%).

BIGBLOC CONSTRUCTION Financial Update...

BIGBLOC CONSTRUCTION net profit fell 97.5% YoY to Rs 2 million for the quarter ended September 2024, compared to a profit of Rs 75 million a year ago. Net sales declined 12.3% to Rs 517 million during the period as against Rs 589 million in July-September 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 73.7.


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