IRB INFRA. Surges by 5%; BSE REALTY Index Down 0.3%
May 14, 2019 11:56 AM

IRB INFRA. share price has zoomed 5% and is presently trading at Rs 113.

Meanwhile, the BSE REALTY Index is at 1,910 (down 0.3%).

Among the top Gainers in the BSE REALTY Index today is IRB INFRA. (up 5.3%).

MAHINDRA LIFESPACE (down 0.2%) and SOBHA LIMITED (down 1.0%) are among the top losers today.

Over the last one year, IRB INFRA. has moved down from Rs 257 to Rs 113, registering a loss of Rs 144 (down 56.0%).

On the other hand, the BSE REALTY has moved down from 2,324 to 1,910, loss of 414 points (down 18.2%) 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 37,147 (down 0.3%).

The top gainers among the BSE Sensex stocks today are SUN PHARMA (up 3.8%), VEDANTA LTD (up 2.9%) and ICICI BANK (up 1.6%). Other gainers include ITC (up 1.2%) and RELIANCE IND. (up 1.1%). The most traded stocks in the BSE Sensex are TATA MOTORS and VEDANTA LTD.

In the meantime, NSE Nifty is at 11,158 (down 0.3%). SUN PHARMA (up 3.0%) is among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 35,557 to 37,147, registering a gain of 1,590 points (up 4.1%).

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 4.5x.