Helping You Build Wealth With Honest Research
Since 1996. Read On...

MEMBER'S LOGINX

     
Invalid Username / Password
   
     
   
     
 
Invalid Captcha
   
 
 
 
(Please do not use this option on a public machine)
 
     
 
 
 
  Sign Up | Forgot Password?  

COMMERCIAL ENGINEERS Gains 5%; BSE REALTY Index Up 1.1%
Thu, 28 Nov 10:19

COMMERCIAL ENGINEERS Gains 5%; BSE REALTY Index Up 1.1%Image source: Chunumunu/www.istockphoto.com

COMMERCIAL ENGINEERS share price has zoomed 5% and is presently trading at Rs 497.0.

Meanwhile, the BSE REALTY index is at 8,084.5 (up 1.1%).

Among the top gainers in the BSE REALTY index today are Brigade Enterprises (up 2.3%) and PRESTIGE ESTATES (up 2.1%).

DLF (down 0.3%) is among the top losers today.

Over the last one year, COMMERCIAL ENGINEERS has moved up from Rs 332.9 to Rs 497.0, registering a gain of Rs 164.1 (up 49.3%).

On the other hand, the BSE REALTY index has moved up from 5,597.5 to 8,084.5, registering a gain of 44.4% during the last 12 months.

The top gainers among the BSE REALTY index stocks during this same period were Sobha (up 91.1%), PRESTIGE ESTATES (up 73.5%) and Brigade Enterprises (up 61.3%).

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

What About the Benchmark Indices?

The BSE Sensex is at 80,421.8 (up 0.2%).

The top gainers among the BSE Sensex today are MUNDRA PORT & SEZ (up 1.4%) and SBI (up 1.3%). The most traded stocks in the BSE Sensex are Axis Bank and MUNDRA PORT & SEZ.

In the meantime, NSE Nifty is at 24,327.8 (up 0.2%). Adani Enterprises and MUNDRA PORT & SEZ are among the top gainers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 66,174.2 to 80,421.8, registering a gain of 14,247.6 points (up 21.5%).

COMMERCIAL ENGINEERS Financial Update...

COMMERCIAL ENGINEERS net profit grew 10.3% YoY to Rs 899 million for the quarter ended September 2024, compared to a profit of Rs 815 million a year ago. Net sales rose 14.8% to Rs 10,090 million during the period as against Rs 8,793 million in July-September 2023.

For the year ended March 2024, COMMERCIAL ENGINEERS reported 174.3% increase in net profit to Rs 3,310 million compared to net profit of Rs 1,207 million during FY23. Revenue of the company grew 76.2% to Rs 36,437 million during FY24.

The current Price to earnings ratio of COMMERCIAL ENGINEERS, based on rolling 12 month earnings, stands at 56.9.


Equitymaster requests your view! Post a comment on "COMMERCIAL ENGINEERS Gains 5%; BSE REALTY Index Up 1.1%". Click here!