GODREJ PROPERTIES at All Time High; BSE REALTY Index Up 1.9%
June 27, 2019 11:06 AM

GODREJ PROPERTIES share price has hit an all-time high at Rs 1,005 (up 4.0%).

Meanwhile, the BSE REALTY Index is at 2,198 (up 1.9%).

Among the top gainers in the BSE REALTY Index today are GODREJ PROPERTIES (up 4.0%) and PHOENIX MILL (up 0.2%).

DLF (down 0.2%) is among the top loser today.

Over the last one year, GODREJ PROPERTIES has moved up from Rs 738 to Rs 1,005, registering a gain of Rs 267 (up 35.4%).

The BSE REALTY has moved up from 2,114 to 2,198, registering a gain of 84 points (up 3.8%) during the last 12 months.

The top gainers among the BSE REALTY Index stocks during this same period were GODREJ PROPERTIES (up 35.4%), OBEROI REALTY (up 28.2%) and SUNTECK REALTY (up 12.5%).

What About the Benchmark Indices?

The BSE Sensex is at 39,757 (up 0.4%). The top gainers among the BSE Sensex stocks today are TATA MOTORS DVR (up 2.0%), AXIS BANK (up 1.8%) and M&M (up 1.6%). Other gainers include TATA MOTORS (up 1.6%) and MARUTI SUZUKI (up 1.4%). The most traded stocks in the BSE Sensex are TATA MOTORS and TATA STEEL.

In the meantime, NSE Nifty is at 11,895 (up 0.4%). The top gainers in the NSE Nifty include INDIABULLS HOU. FIN. (up 1.8%), AXIS BANK (up 1.8%) and TATA MOTORS (up 1.8%). Other gainers include M&M (up 1.7%) and BHARTI INFRATEL (up 1.5%).

Over the last 12 months, the BSE Sensex has moved up from 35,490 to 39,757, registering a gain of 4,267 points (up 12.0%).

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 95.8x.