GODREJ PROPERTIES Surges by 5%; BSE REALTY Index Flat
May 14, 2019 01:44 PM

GODREJ PROPERTIES share price has zoomed 5% and is presently trading at Rs 800.

Meanwhile, the BSE REALTY Index is at 1,913 .

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

DLF and INDIABULLS REAL EST (down 0.6%) are among the top losers today.

Over the last one year, GODREJ PROPERTIES has moved down from Rs 814 to Rs 800, registering a loss of Rs 14 (down 2.2%).

On the other hand, the BSE REALTY has moved down from 2,324 to 1,913, loss of 411 points (down 17.9%) 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 37,268 (up 0.3%).

The top gainers among the BSE Sensex stocks today are SUN PHARMA (up 4.5%), VEDANTA LTD (up 2.9%) and ICICI BANK (up 2.3%). Other gainers include ITC (up 2.2%) and BHARTI AIRTEL (up 2.1%). The most traded stocks in the BSE Sensex are TATA MOTORS and SUN PHARMA.

In the meantime, NSE Nifty is at 11,202 (up 0.4%). SUN PHARMA (up 4.2%) is among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 35,557 to 37,268, registering a gain of 1,711 points (up 4.6%).

GODREJ PROPERTIES Financial Update...

GODREJ PROPERTIES net profit declined 33370.8% YoY to Rs 2 billion for the quarter ended March 2019, compared to a loss of Rs 5 million a year ago. Net Sales rose 209.7% to Rs 10.5 billion during the period as against Rs 3.4 billion in January-March 2018.

For the year ended March 2018, GODREJ PROPERTIES reported 30.7% increase in net profit to Rs 2.3 billion compared to net profit of Rs 1.8 billion during FY17.

Revenue of the company grew 19.3% to Rs 19 billion during FY18.

The current Price to earnings ratio of GODREJ PROPERTIES, based on rolling 12 month earnings, stands at 76.4x.