JAIPRAKASH ASSO. Surges by 6%; BSE REALTY Index Up 1.6%
November 19, 2018 11:09 AM

JAIPRAKASH ASSO. share price has zoomed 6% and is presently trading at Rs 7.

Meanwhile, the BSE REALTY Index is at 1,766 (up 1.6%).

Among the top Gainers in the BSE REALTY Index today is JAIPRAKASH ASSO. (up 5.8%).

SOBHA LIMITED (down 0.3%) and GODREJ PROPERTIES (down 1.1%) are among the top losers today.

Over the last one year, JAIPRAKASH ASSO. has moved down from Rs 19 to Rs 7, registering a loss of Rs 12 (down 62.6%).

On the other hand, the BSE REALTY has moved down from 2,278 to 1,766, loss of 512 points (down 22.9%) during the last 12 months.

The top gainers among the BSE REALTY Index stocks during this same period were PHOENIX MILL (up 19.5%) and OMAXE LTD (up 2.6%).

What About the Benchmark Indices?

The BSE Sensex is at 35,667 (up 0.4%).

The top gainers among the BSE Sensex stocks today are YES BANK (up 5.3%), TATA MOTORS (up 2.6%) and VEDANTA LTD (up 2.1%). Other gainers include SUN PHARMA (up 1.1%) and TATA STEEL (up 1.1%). The most traded stocks in the BSE Sensex are YES BANK and ITC LTD.

In the meantime, NSE Nifty is at 10,732 (up 0.2%). YES BANK (up 5.2%) is among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 33,107 to 35,667, registering a gain of 2,560 points (up 7.5%).

JAIPRAKASH ASSO. Financial Update...

JAIPRAKASH ASSO. net profit declined 72.5% YoY to Rs 407 million for the quarter ended September 2018, compared to a loss of Rs 1 billion a year ago. Net Sales rose 71.7% to Rs 19.0 billion during the period as against Rs 11.1 billion in July-September 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 3.1x.