HOUSING DEV. INFRA Plunges by 6%; BSE REALTY Index Up 0.5%
February 6, 2019 09:28 AM

HOUSING DEV. INFRA share price has plunged 6% and is presently trading at Rs 23.

Meanwhile, the BSE REALTY Index is at 1,755 (up 0.5%).

Among the top losers in the BSE REALTY Index today is HOUSING DEV. INFRA (down 6.2%).

GODREJ PROPERTIES (up 1.7%) and SOBHA LIMITED (up 1.1%) are among the top gainers today.

Over the last one year, HOUSING DEV. INFRA has moved down from Rs 53 to Rs 23, registering a loss of Rs 30 (down 56.7%)..

The BSE REALTY has moved down from 2,415 to 1,755, loss of 660 points (down 27.3%) 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 36,779 (up 0.4%). The top gainers among the BSE Sensex stocks today are HCL TECH. (up 1.2%). The most traded stocks in the BSE Sensex are YES BANK and TATA STEEL.

In the meantime, NSE Nifty is at 11,012 (up 0.7%). TECH MAHINDRA (up 5.5%) is among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 34,757 to 36,779, registering a gain of 2,022 points (up 5.8%).

HOUSING DEV. INFRA Financial Update...

HOUSING DEV. INFRA net profit stood at Rs 544 million for the quarter ended September 2018, compared to a profit of Rs 190 million a year ago. Net Sales rose 202.7% to Rs 3.0 billion during the period as against Rs 991.0 million in July-September 2017.

For the year ended March 2018, HOUSING DEV. INFRA reported 46.5% decrease in net profit to Rs 957.0 million compared to net profit of Rs 1.8 billion during FY17.

Revenue of the company grew 46.4% to Rs 4 billion during FY18.

The current Price to earnings ratio of HOUSING DEV. INFRA , based on rolling 12 month earnings, stands at 8.6x.