INDIABULLS REAL EST Plunges by 10%; BSE REALTY Index Down 2.3%
July 22, 2019 02:32 PM

INDIABULLS REAL EST share price has plunged 10% and is presently trading at Rs 111.

Meanwhile, the BSE REALTY Index is at 2,140 (down 2.3%).

Among the top losers in the BSE REALTY Index today is INDIABULLS REAL EST (down 10.1%).

DLF (up 0.2%) is among the top gainer today.

Over the last one year, INDIABULLS REAL EST has moved down from Rs 141 to Rs 111, registering a loss of Rs 30 (down 21.0%)..

The BSE REALTY has moved up from 1,960 to 2,140, registering a gain of 180 points (up 9.2%) during the last 12 months.

The top gainers among the BSE REALTY Index stocks during this same period were GODREJ PROPERTIES (up 35.9%), OBEROI REALTY (up 17.9%) and SOBHA LIMITED (up 17.0%).

What About the Benchmark Indices?

The BSE Sensex is at 38,334 (down 0.8%). The top gainers among the BSE Sensex stocks today are YES BANK (up 5.9%). The most traded stocks in the BSE Sensex are YES BANK and TATA MOTORS.

In the meantime, NSE Nifty is at 11,398 (down 0.7%). YES BANK (up 6.1%) is among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 36,351 to 38,334, registering a gain of 1,983 points (up 4.6%).

INDIABULLS REAL EST Financial Update...

INDIABULLS REAL EST net profit down at Rs 1 billion for the quarter ended March 2019, compared to a loss of Rs 2 billion a year ago. Net Sales rose 43.3% to Rs 18.2 billion during the period as against Rs 12.7 billion in January-March 2018.

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 9.4x.