JAIPRAKASH ASSO. Surges by 5%; BSE REALTY Index Up 0.7%
February 22, 2019 09:32 AM

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

Meanwhile, the BSE REALTY Index is at 1,806 (up 0.7%).

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

PHOENIX MILL (down 1.5%) is among the top loser today.

Over the last one year, JAIPRAKASH ASSO. has moved down from Rs 17 to Rs 6, registering a loss of Rs 10 (down 62.8%).

On the other hand, the BSE REALTY has moved down from 2,403 to 1,806, loss of 597 points (down 24.9%) during the last 12 months.

The top gainers among the BSE REALTY Index stocks during this same period were OBEROI REALTY (up 5.4%) and PHOENIX MILL (up 1.1%).

What About the Benchmark Indices?

The BSE Sensex is at 35,907 (down 0.1%).

The top gainers among the BSE Sensex stocks today are YES BANK (up 1.0%), ICICI BANK (up 0.9%) and BAJAJ AUTO (up 0.8%). Other gainers include MARUTI SUZUKI (up 0.7%) and SUN PHARMA (up 0.6%). The most traded stocks in the BSE Sensex are YES BANK and VEDANTA LTD.

In the meantime, NSE Nifty is at 10,789 (down 0.2%). INDIABULLS HOU. FIN. (up 2.5%) is among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 33,845 to 35,907, registering a gain of 2,062 points (up 5.9%).

JAIPRAKASH ASSO. Financial Update...

JAIPRAKASH ASSO. net profit declined 34.0% YoY to Rs 978 million for the quarter ended December 2018, compared to a loss of Rs 1 billion a year ago. Net Sales rose 36.9% to Rs 15.2 billion during the period as against Rs 11.1 billion in October-December 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 3.0x.