IRB INFRA share price has zoomed 5% and is presently trading at Rs 113.
Meanwhile, the BSE REALTY Index is at 2,866 (up 0.1%).
Among the top Gainers in the BSE REALTY Index today are IRB INFRA (up 5.1%) and INDIABULLS REAL EST (up 5.5%).
PRESTIGE ESTATES (down 0.2%) and OMAXE (down 0.5%) are among the top losers today.
Over the last one year, IRB INFRA has moved up from Rs 94 to Rs 113, registering a gain of Rs 19 (up 20.0%).
On the other hand, the BSE REALTY has moved up from 2,246 to 2,866, registering a gain of 620 points (up 25.9%) during the last 12 months.
The top buzzing stocks among the BSE REALTY Index stocks during this same period were DLF (up 46.0%), MAHINDRA LIFESPACE (up 44.7%) and SOBHA (up 42.1%).
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The BSE Sensex is at 50,425 (up 0.2%).
The top gainers among the BSE Sensex stocks today are M&M (up 4.5%), TECH MAHINDRA (up 2.7%) and NTPC (up 2.4%). Other gainers include BAJAJ AUTO (up 1.9%) and TCS (up 1.9%). The most traded stocks in the BSE Sensex are NTPC and ITC.
In the meantime, NSE Nifty is at 14,934 (up 0.3%). The top gainers in the NSE Nifty include M&M (up 4.3%), TATA MOTORS (up 3.8%) and WIPRO (up 3.5%). Other gainers include HERO MOTOCORP (up 3.4%) and BPCL (up 2.7%) are among the top gainers in NSE Nifty.
Over the last 12 months, the BSE Sensex has moved up from 39,889 to 50,425, registering a gain of 10,536 points (up 25.21%).
IRB INFRA net profit stood at Rs 2 billion for the quarter ended March 2020, compared to a profit of Rs 2 billion a year ago. Net Sales declined 9.1% to Rs 15.8 billion during the period as against Rs 17.4 billion in January-March 2019.
For the year ended March 2019, IRB INFRA reported 7.2% increase in net profit to Rs 8.5 billion compared to net profit of Rs 7.9 billion during FY18.
Revenue of the company grew 17.8% to Rs 67 billion during FY19.
The current Price to earnings ratio of IRB INFRA, based on rolling 12 month earnings, stands at 5.4x. p >
What else is happening in the markets today? Dig in...
Indian share markets witnessed most of the buying interest during closing hours today and ended on a strong note.
BSE Sensex is trading up by 167 points, while the NSE Nifty is trading up by 50 points.
Indian share markets open in green. The BSE Sensex opened up by 156 points, while the Nifty is trading higher by 52 points.
HEG share price is trading up by 5% and its current market price is Rs 2,177. The BSE CAPITAL GOODS is up by 0.7%. The top gainers in the BSE CAPITAL GOODS Index are HEG (up 5.3%) and GRAPHITE INDIA (up 7.5%). The top losers are KALPATARU POWER (down 0.1%) and HONEYWELL AUTOMATION (down 0.4%).
BANK OF MAHARASHTRA share price is trading up by 6% and its current market price is Rs 24. The BSE BANKEX is up by 1.0%. The top gainers in the BSE BANKEX Index is BANK OF MAHARASHTRA (up 5.9%). The top losers is KOTAK MAHINDRA BANK (down 0.3%).
ADANI PORTS & SEZ share price is trading down by 5% and its current market price is Rs 755. The BSE 500 is up by 0.1%. The top gainers in the BSE 500 Index are GRAPHITE INDIA (up 5.4%) and GSK CONSUMER (up 5.1%). The top losers are ADANI PORTS & SEZ (down 5.3%) and MAH. SCOOTERS (down 5.2%).
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