MACROTECH DEVELOPERS Plunges 4%; BSE REALTY Index Down 3.0%
Wed, 22 Jan 10:14
Image source: StarLineArts/www.istockphoto.comMACROTECH DEVELOPERS share price has plunged 4% and is presently trading at Rs 1,101.0.
Meanwhile, the BSE REALTY index is at 6,913.9 (down 3.0%).
Among the top losers in the BSE REALTY index today are PRESTIGE ESTATES (down 4.9%) and OBEROI REALTY (down 4.6%).
Over the last one year, MACROTECH DEVELOPERS has moved down from Rs 1,128.5 to Rs 1,101.0, registering a loss of Rs 27.5 (down 2.4%).
On the other hand, the BSE REALTY index has moved up from 6,810.3 to 6,913.9, registering a gain of 1.5% during the last 12 months.
The top gainers among the BSE REALTY index stocks during this same period were Phoenix Mill (up 19.3%), OBEROI REALTY (up 17.7%) and Brigade Enterprises (up 12.4%).
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What About the Benchmark Indices?
The BSE Sensex is at 76,174.2 (up 0.4%).
The top gainers among the BSE Sensex today are Infosys (up 1.6%) and TCS (up 1.5%). The most traded stocks in the BSE Sensex are ZOMATO and HDFC Bank.
In the meantime, NSE Nifty is at 23,109.8 (up 0.4%). Wipro and Dr. Reddys are among the top gainers in NSE NIFTY.
Over the last 12 months, the BSE Sensex has moved up from 71,423.7 to 76,174.2, registering a gain of 4,750.6 points (up 6.7%).
MACROTECH DEVELOPERS Financial Update...
MACROTECH DEVELOPERS net profit grew 104.9% YoY to Rs 4,237 million for the quarter ended September 2024, compared to a profit of Rs 2,068 million a year ago. Net sales rose 50.1% to Rs 26,257 million during the period as against Rs 17,496 million in July-September 2023.
For the year ended March 2024, MACROTECH DEVELOPERS reported 217.5% increase in net profit to Rs 15,542 million compared to net profit of Rs 4,895 million during FY23. Revenue of the company grew 8.9% to Rs 103,161 million during FY24.
The current Price to earnings ratio of MACROTECH DEVELOPERS, based on rolling 12 month earnings, stands at 52.8.
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