ASHOKA BUILDCON Share Price Up by 5%; BSE REALTY Index Up 0.1%
December 7, 2020 09:34 AM

ASHOKA BUILDCON share price has zoomed 5% and is presently trading at Rs 92.

Meanwhile, the BSE REALTY Index is at 2,249 (up 0.1%).

Among the top Gainers in the BSE REALTY Index today are ASHOKA BUILDCON (up 5.0%) and OMAXE (up 8.4%).

DLF and SOBHA LIMITED (down 0.7%) are among the top losers today.

Over the last one year, ASHOKA BUILDCON has moved down from Rs 93 to Rs 92, registering a loss of Rs 1 (down 2.0%).

On the other hand, the BSE REALTY has moved up from 2,189 to 2,249, registering a gain of 60 points (up 2.4%) during the last 12 months.

The top buzzing stocks among the BSE REALTY Index stocks during this same period were GODREJ PROPERTIES (up 34.6%), INDIABULLS REAL EST (up 8.3%) and PHOENIX MILL (up 0.4%).

What About the Benchmark Indices?

The BSE Sensex is at 45,185 (up 0.2%).

The top gainers among the BSE Sensex stocks today are ONGC (up 3.1%), BHARTI AIRTEL (up 1.7%) and ICICI BANK (up 1.1%). Other gainers include ULTRATECH CEMENT (up 1.1%) and ITC (up 1.0%). The most traded stocks in the BSE Sensex are ONGC and SBI.

In the meantime, NSE Nifty is at 13,294 (up 0.2%). The top gainers in the NSE Nifty include ADANI PORTS & SEZ (up 3.0%), ONGC (up 2.9%) and GAIL (up 2.5%). Other gainers include UPL (up 1.9%) and BHARTI AIRTEL (up 1.6%) are among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 40,675 to 45,185, registering a gain of 4,510 points (up 11.01%).

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 6.5x.