GODREJ PROPERTIES Share Price Up by 10%; BSE REALTY Index Up 2.8%
October 21, 2020 02:52 PM

GODREJ PROPERTIES share price has zoomed 10% and is presently trading at Rs 1,036.

Meanwhile, the BSE REALTY Index is at 1,855 (up 2.8%).

Among the top Gainers in the BSE REALTY Index today is GODREJ PROPERTIES (up 10.5%).

DLF (down 0.2%) and SOBHA LIMITED (down 0.9%) are among the top losers today.

Over the last one year, GODREJ PROPERTIES has moved up from Rs 969 to Rs 1,036, registering a gain of Rs 67 (up 6.6%).

On the other hand, the BSE REALTY has moved down from 2,030 to 1,855, loss of 175 points (down 9.5%) during the last 12 months.

The top buzzing stocks among the BSE REALTY Index stocks during this same period were GODREJ PROPERTIES (up 6.6%).

What About the Benchmark Indices?

The BSE Sensex is at 40,976 (down 0.5%).

The top gainers among the BSE Sensex stocks today are POWER GRID (up 3.4%), BHARTI AIRTEL (up 2.3%) and TATA STEEL (up 1.5%). Other gainers include NTPC (up 1.3%) and ULTRATECH CEMENT (up 1.1%). The most traded stocks in the BSE Sensex are NTPC and ICICI BANK.

In the meantime, NSE Nifty is at 12,019 (down 0.2%). The top gainers in the NSE Nifty include POWER GRID (up 4.0%), BHARTI AIRTEL (up 2.7%) and HINDALCO (up 2.4%). Other gainers include ADANI PORTS & SEZ (up 2.2%) and GRASIM (up 1.9%) are among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 38,964 to 40,976, registering a gain of 2,012 points (up 3.59%).

GODREJ PROPERTIES Financial Update...

GODREJ PROPERTIES net profit down at Rs 100 million for the quarter ended June 2020, compared to a loss of Rs 716 million a year ago. Net Sales declined 81.1% to Rs 723.0 million during the period as against Rs 3.8 billion in April-June 2019.

For the year ended March 2019, GODREJ PROPERTIES reported 93.7% increase in net profit to Rs 2.4 billion compared to net profit of Rs 1.2 billion during FY18.

Revenue of the company grew 75.7% to Rs 28 billion during FY19.

The current Price to earnings ratio of GODREJ PROPERTIES, based on rolling 12 month earnings, stands at 97.8x.