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SURAJ ESTATE DEVELOPERS LTD. Gains 8%; BSE REALTY Index Down 0.1%
Wed, 3 Jul 13:29

SURAJ ESTATE DEVELOPERS LTD. Gains 8%; BSE REALTY Index Down 0.1%Image source: phive2015/www.istockphoto.com

SURAJ ESTATE DEVELOPERS LTD. share price has zoomed 8% and is presently trading at Rs 566.1.

Meanwhile, the BSE REALTY index is at 8,671.2 (down 0.1%).

Among the top gainers in the BSE REALTY index today are Phoenix Mill (up 1.3%) and DLF (up 0.5%).

Sobha (down 2.9%) and PRESTIGE ESTATES (down 1.5%) are among the top losers today.

Over the last one year, SURAJ ESTATE DEVELOPERS LTD. has moved up from Rs 0.0 to Rs 566.1, registering a gain of Rs 566.1 .

On the other hand, the BSE REALTY index has moved up from 4,196.4 to 8,671.2, registering a gain of 106.6% during the last 12 months.

The top gainers among the BSE REALTY index stocks during this same period were Sobha (up 267.1%), PRESTIGE ESTATES (up 215.2%) and INDIABULLS REAL EST (up 150.8%).

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What About the Benchmark Indices?

The BSE Sensex is at 79,951.6 (up 0.6%).

The top gainers among the BSE Sensex today are Axis Bank (up 2.5%) and HDFC Bank (up 2.5%). The most traded stocks in the BSE Sensex are Tata Steel and SBI.

In the meantime, NSE Nifty is at 24,279.9 (up 0.7%). Tata Consumer Products and Axis Bank are among the top gainers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 65,205.1 to 79,951.6, registering a gain of 14,746.6 points (up 22.6%).

SURAJ ESTATE DEVELOPERS LTD. Financial Update...

SURAJ ESTATE DEVELOPERS LTD. net profit fell {profitpercent} YoY to Rs 195 million for the quarter ended March 2024, compared to a profit of Rs {profitnumberprev} million a year ago. Net sales declined {salespercent} to Rs 1,004 million during the period as against Rs {salesnumberprev} million in {quarterprev}.

For the year ended March 2023, SURAJ ESTATE DEVELOPERS LTD. reported 21.0% increase in net profit to Rs 321 million compared to net profit of Rs 265 million during FY22. Revenue of the company grew 12.1% to Rs 3,057 million during FY23.


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