IRB INFRA. Surges by 5%; BSE REALTY Index Up 1.1%
February 22, 2019 02:16 PM

IRB INFRA. share price has zoomed 5% and is presently trading at Rs 129.

Meanwhile, the BSE REALTY Index is at 1,822 (up 1.1%).

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

SOBHA LIMITED (down 0.3%) is among the top loser today.

Over the last one year, IRB INFRA. has moved down from Rs 222 to Rs 129, registering a loss of Rs 93 (down 41.8%).

On the other hand, the BSE REALTY has moved down from 2,403 to 1,822, loss of 581 points (down 24.6%) during the last 12 months.

The top gainers among the BSE REALTY Index stocks during this same period were OBEROI REALTY (up 7.1%) and PHOENIX MILL (up 1.3%).

What About the Benchmark Indices?

The BSE Sensex is at 35,939 .

The top gainers among the BSE Sensex stocks today are YES BANK (up 3.0%), VEDANTA LTD (up 2.7%) and M&M (up 2.0%). Other gainers include MARUTI SUZUKI (up 1.7%) and ONGC (up 1.7%). The most traded stocks in the BSE Sensex are YES BANK and VEDANTA LTD.

In the meantime, NSE Nifty is at 10,799 . IOC (up 4.4%) is among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 33,845 to 35,939, registering a gain of 2,094 points (up 6.0%).

IRB INFRA. Financial Update...

IRB INFRA. net profit stood at Rs 2 billion for the quarter ended December 2018, compared to a profit of Rs 2 billion a year ago. Net Sales rose 38.0% to Rs 17.9 billion during the period as against Rs 13.0 billion in October-December 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 5.1x.