KNR CONSTRUCTIONS share price has zoomed 6% and is presently trading at Rs 378.0.
Meanwhile, the BSE REALTY index is at 8,298.6 (down 0.4%).
Among the top gainers in the BSE REALTY index today are Sobha (up 5.7%) and INDIABULLS REAL EST (up 4.8%).
Phoenix Mill (down 4.2%) and Godrej Properties (down 2.0%) are among the top losers today.
Over the last one year, KNR CONSTRUCTIONS has moved up from Rs 240.7 to Rs 378.0, registering a gain of Rs 137.4 (up 57.1%).
On the other hand, the BSE REALTY index has moved up from 4,299.6 to 8,298.6, registering a gain of 93.0% during the last 12 months.
The top gainers among the BSE REALTY index stocks during this same period were Sobha (up 246.9%), PRESTIGE ESTATES (up 233.8%) and Phoenix Mill (up 122.5%).
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The BSE Sensex is at 80,217.5 (down 0.3%).
The top losers among the BSE Sensex today are Hindustan Unilever (down 3.0%) and Bajaj Finance (down 2.3%). The most traded stocks in the BSE Sensex are ITC and Tata Steel.
In the meantime, NSE Nifty is at 24,409.1 (down 0.3%). Hindustan Unilever and Tata Consumer Products are among the top losers in NSE NIFTY.
Over the last 12 months, the BSE Sensex has moved up from 66,384.8 to 80,217.5, registering a gain of 13,832.7 points (up 20.8%).
KNR CONSTRUCTIONS net profit grew 130.6% YoY to Rs 3,275 million for the quarter ended March 2024, compared to a profit of Rs 1,420 million a year ago. Net sales rose 13.5% to Rs 14,140 million during the period as against Rs 12,453 million in January-March 2023.
For the year ended March 2023, KNR CONSTRUCTIONS reported 19.9% increase in net profit to Rs 4,394 million compared to net profit of Rs 3,664 million during FY22. Revenue of the company grew 12.7% to Rs 40,624 million during FY23.
The current Price to earnings ratio of KNR CONSTRUCTIONS, based on rolling 12 month earnings, stands at 14.5.
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