ASHOKA BUILDCON Share Price Up by 6%; BSE REALTY Index Down 0.2%
November 12, 2020 09:22 AM

ASHOKA BUILDCON share price has zoomed 6% and is presently trading at Rs 69.

Meanwhile, the BSE REALTY Index is at 1,866 (down 0.2%).

Among the top Gainers in the BSE REALTY Index today is ASHOKA BUILDCON (up 6.2%).

DLF (down 0.9%) and OBEROI REALTY (down 1.1%) are among the top losers today.

Over the last one year, ASHOKA BUILDCON has moved down from Rs 95 to Rs 69, registering a loss of Rs 26 (down 27.4%).

On the other hand, the BSE REALTY has moved down from 2,171 to 1,866, loss of 305 points (down 14.1%) during the last 12 months.

The top buzzing stocks among the BSE REALTY Index stocks during this same period were GODREJ PROPERTIES (up 3.4%).

What About the Benchmark Indices?

The BSE Sensex is at 43,462 (down 0.3%).

The top gainers among the BSE Sensex stocks today are TITAN (up 1.4%), M&M (up 1.2%) and INFOSYS (up 1.0%). Other gainers include TECH MAHINDRA (up 0.4%) and POWER GRID (up 0.4%). The most traded stocks in the BSE Sensex are ITC and INFOSYS.

In the meantime, NSE Nifty is at 12,723 (down 0.2%). The top gainers in the NSE Nifty include M&M (up 2.2%), SHREE CEMENT (up 1.7%) and HINDALCO (up 1.6%). Other gainers include TITAN (up 1.3%) and INFOSYS (up 0.8%) are among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 40,345 to 43,462, registering a gain of 3,117 points (up 7.67%).

ASHOKA BUILDCON Financial Update...

ASHOKA BUILDCON net profit down at Rs 691 million for the quarter ended June 2020, compared to a loss of Rs 855 million a year ago. Net Sales declined 41.8% to Rs 5.7 billion during the period as against Rs 9.8 billion in April-June 2019.

For the year ended March 2019, ASHOKA BUILDCON reported 111.7% decrease in net profit to Rs 209.0 million compared to net profit of Rs 1.8 billion during FY18.

Revenue of the company grew 36.8% to Rs 49 billion during FY19.

The current Price to earnings ratio of ASHOKA BUILDCON, based on rolling 12 month earnings, stands at 4.9x.