JAIPRAKASH ASSO. Plunges by 5%; BSE REALTY Index Down 0.3%
August 1, 2019 09:26 AM

JAIPRAKASH ASSO. share price has plunged 5% and is presently trading at Rs 2.

Meanwhile, the BSE REALTY Index is at 2,062 (down 0.3%).

Among the top losers in the BSE REALTY Index today is JAIPRAKASH ASSO. (down 5.1%).

SOBHA LIMITED (up 2.3%) and OMAXE LTD (up 1.1%) are among the top gainers today.

Over the last one year, JAIPRAKASH ASSO. has moved down from Rs 15 to Rs 2, registering a loss of Rs 13 (down 85.5%)..

The BSE REALTY has moved down from 2,095 to 2,062, loss of 33 points (down 1.6%) during the last 12 months.

The top gainers among the BSE REALTY Index stocks during this same period were GODREJ PROPERTIES (up 32.7%), SOBHA LIMITED (up 15.9%) and OBEROI REALTY (up 9.8%).

What About the Benchmark Indices?

The BSE Sensex is at 37,387 (down 0.5%). The top gainers among the BSE Sensex stocks today are POWER GRID (up 1.2%). The most traded stocks in the BSE Sensex are TATA MOTORS and AXIS BANK.

In the meantime, NSE Nifty is at 11,070 (down 0.5%). WIPRO (up 2.4%) is among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 37,607 to 37,387, registering a gain of -220 points (up -0.8%).

JAIPRAKASH ASSO. Financial Update...

JAIPRAKASH ASSO. net profit down at Rs 2 billion for the quarter ended June 2019, compared to a loss of Rs 978 million a year ago. Net Sales declined 20.9% to Rs 12.0 billion during the period as against Rs 15.2 billion in April-June 2018.

For the year ended March 2018, JAIPRAKASH ASSO. reported 51.9% decrease in net profit to Rs 30.4 billion compared to net profit of Rs 63.2 billion during FY17.

Revenue of the company grew 45.6% to Rs 78 billion during FY18.

The current Price to earnings ratio of JAIPRAKASH ASSO., based on rolling 12 month earnings, stands at down 0.8x.