JAIPRAKASH ASSO. Plunges by 15%; BSE REALTY Index Down 1.4%
February 4, 2019 10:22 AM

JAIPRAKASH ASSO. share price has plunged 15% and is presently trading at Rs 7.

Meanwhile, the BSE REALTY Index is at 1,804 (down 1.4%).

Among the top losers in the BSE REALTY Index today is JAIPRAKASH ASSO. (down 14.9%).

SOBHA LIMITED (up 2.1%) and OBEROI REALTY (up 1.6%) are among the top gainers today.

Over the last one year, JAIPRAKASH ASSO. has moved down from Rs 20 to Rs 7, registering a loss of Rs 14 (down 67.2%)..

The BSE REALTY has moved down from 2,586 to 1,804, loss of 782 points (down 30.2%) during the last 12 months.

The top gainers among the BSE REALTY Index stocks during this same period were [param_historic_top3].

What About the Benchmark Indices?

The BSE Sensex is at 36,456 (down 0.3%). The top gainers among the BSE Sensex stocks today are HUL (up 1.4%). The most traded stocks in the BSE Sensex are TATA MOTORS and ONGC.

In the meantime, NSE Nifty is at 10,879 (down 0.3%). TITAN COMPANY (up 4.1%) is among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 35,907 to 36,456, registering a gain of 549 points (up 1.2%).

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 2018, JAIPRAKASH ASSO. reported 51.9% decrease in net profit to Rs 30.4 billion compared to net profit of Rs 63.2 billion during FY17.

Revenue of the company grew 45.6% to Rs 78 billion during FY18.

The current Price to earnings ratio of JAIPRAKASH ASSO., based on rolling 12 month earnings, stands at down 2.5x.