JAIPRAKASH ASSO. Surges by 5%; BSE REALTY Index Up 2.1%
October 24, 2018 10 am

JAIPRAKASH ASSO. share price has zoomed 5% and is presently trading at Rs 7.

Meanwhile, the BSE REALTY Index is at 1,622 (up 2.1%).

Among the top Gainers in the BSE REALTY Index today is JAIPRAKASH ASSO. (up 5.0%).

UNITECH (down 2.4%) is among the top loser today.

Over the last one year, JAIPRAKASH ASSO. has moved down from Rs 19 to Rs 7, registering a loss of Rs 12 (down 65.5%).

On the other hand, the BSE REALTY has moved down from 2,188 to 1,622, loss of 566 points (down 26.2%) during the last 12 months.

The top gainers among the BSE REALTY Index stocks during this same period were OMAXE LTD (up 5.3%).

What About the Benchmark Indices?

The BSE Sensex is at 34,301 (up 0.7%).

The top gainers among the BSE Sensex stocks today are M&M (up 2.3%), ASIAN PAINTS (up 2.2%) and HDFC (up 2.1%). Other gainers include INDUSIND BANK (up 1.7%) and AXIS BANK (up 1.7%). The most traded stocks in the BSE Sensex are YES BANK and TATA MOTORS.

In the meantime, NSE Nifty is at 10,291 (up 0.7%). BAJAJ FINANCE (up 4.9%) is among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 32,507 to 34,301, registering a gain of 1,794 points (up 4.8%).

JAIPRAKASH ASSO. Financial Update...

JAIPRAKASH ASSO. net profit down at Rs 3 billion for the quarter ended June 2018, compared to a loss of Rs 1 billion a year ago. Net Sales rose 52.5% to Rs 16.9 billion during the period as against Rs 11.1 billion in April-June 2017.

For the year ended March 2017, JAIPRAKASH ASSO. reported 113.8% increase in net profit to Rs 63.2 billion compared to net profit of Rs 29.6 billion during FY16.

Revenue of the company grew 25.3% to Rs 143 billion during FY17.

The current Price to earnings ratio of JAIPRAKASH ASSO., based on rolling 12 month earnings, stands at down 2.3x.