JAIPRAKASH ASSO. Plunges by 6%; BSE REALTY Index Down 0.4%
February 6, 2019 10:16 AM

JAIPRAKASH ASSO. share price has plunged 6% and is presently trading at Rs 5.

Meanwhile, the BSE REALTY Index is at 1,755 (down 0.4%).

Among the top losers in the BSE REALTY Index today is JAIPRAKASH ASSO. (down 6.5%).

GODREJ PROPERTIES (up 1.2%) and OBEROI REALTY (up 0.8%) are among the top gainers today.

Over the last one year, JAIPRAKASH ASSO. has moved down from Rs 19 to Rs 5, registering a loss of Rs 14 (down 71.8%)..

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 36,894 (up 0.6%). The top gainers among the BSE Sensex stocks today are ICICI BANK (up 1.5%). The most traded stocks in the BSE Sensex are YES BANK and ICICI BANK.

In the meantime, NSE Nifty is at 11,019 (up 0.5%). TECH MAHINDRA (up 5.9%) is among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 34,757 to 36,894, registering a gain of 2,137 points (up 6.0%).

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 2.1x.