INDIABULLS REAL EST Surges by 5%; BSE REALTY Index Up 1.2%
March 14, 2019 12:38 PM

INDIABULLS REAL EST share price has zoomed 5% and is presently trading at Rs 88.

Meanwhile, the BSE REALTY Index is at 1,933 (up 1.2%).

Among the top Gainers in the BSE REALTY Index today is INDIABULLS REAL EST (up 5.1%).

GODREJ PROPERTIES (down 0.2%) and SOBHA LIMITED (down 2.4%) are among the top losers today.

Over the last one year, INDIABULLS REAL EST has moved down from Rs 208 to Rs 88, registering a loss of Rs 120 (down 58.0%).

On the other hand, the BSE REALTY has moved down from 2,435 to 1,933, loss of 502 points (down 20.7%) during the last 12 months.

The top gainers among the BSE REALTY Index stocks during this same period were SUNTECK REALTY (up 11.4%).

What About the Benchmark Indices?

The BSE Sensex is at 37,908 .

The top gainers among the BSE Sensex stocks today are INDUSIND BANK (up 2.6%), YES BANK (up 2.6%) and SUN PHARMA (up 2.2%). Other gainers include COAL INDIA (up 1.5%) and NTPC (up 1.3%). The most traded stocks in the BSE Sensex are YES BANK and RELIANCE IND..

In the meantime, NSE Nifty is at 11,383 (down 0.1%). YES BANK (up 2.8%) is among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 33,857 to 37,908, registering a gain of 4,051 points (up 11.5%).

INDIABULLS REAL EST Financial Update...

INDIABULLS REAL EST net profit stood at Rs 2 billion for the quarter ended December 2018, compared to a profit of Rs 854 million a year ago. Net Sales declined 39.5% to Rs 12.7 billion during the period as against Rs 21.0 billion in October-December 2017.

For the year ended March 2018, INDIABULLS REAL EST reported 460.0% increase in net profit to Rs 19.9 billion compared to net profit of Rs 3.5 billion during FY17.

Revenue of the company grew 155.4% to Rs 59 billion during FY18.

The current Price to earnings ratio of INDIABULLS REAL EST, based on rolling 12 month earnings, stands at 2.0x.