IRB INFRA. Surges by 5%; BSE REALTY Index Up 0.5%
November 21, 2018 12:41 PM

IRB INFRA. share price has zoomed 5% and is presently trading at Rs 144.

Meanwhile, the BSE REALTY Index is at 1,774 (up 0.5%).

Among the top Gainers in the BSE REALTY Index today is IRB INFRA. (up 5.1%).

PHOENIX MILL (down 0.8%) and SOBHA LIMITED (down 1.3%) are among the top losers today.

Over the last one year, IRB INFRA. has moved down from Rs 235 to Rs 144, registering a loss of Rs 91 (down 38.8%).

On the other hand, the BSE REALTY has moved down from 2,414 to 1,774, loss of 640 points (down 27.1%) during the last 12 months.

The top gainers among the BSE REALTY Index stocks during this same period were PHOENIX MILL (up 17.9%).

What About the Benchmark Indices?

The BSE Sensex is at 35,494 (down 0.7%).

The top gainers among the BSE Sensex stocks today are YES BANK (up 3.5%), SBI (up 2.0%) and ASIAN PAINTS (up 1.7%). Other gainers include AXIS BANK (up 1.7%) and ADANI PORTS & SEZ (up 1.5%). The most traded stocks in the BSE Sensex are YES BANK and SBI.

In the meantime, NSE Nifty is at 10,671 (down 0.6%). DR. REDDYS LAB (up 6.8%) is among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 33,360 to 35,494, registering a gain of 2,134 points (up 5.6%).

IRB INFRA. Financial Update...

IRB INFRA. net profit down at Rs 2 billion for the quarter ended September 2018, compared to a loss of Rs 2 billion a year ago. Net Sales rose 10.5% to Rs 14.3 billion during the period as against Rs 13.0 billion in July-September 2017.

For the year ended March 2018, IRB INFRA. reported 10.8% increase in net profit to Rs 7.9 billion compared to net profit of Rs 7.2 billion during FY17.

Revenue of the company grew 2.6% to Rs 57 billion during FY18.

The current Price to earnings ratio of IRB INFRA., based on rolling 12 month earnings, stands at 5.8x.