GODREJ PROPERTIES at All Time High; BSE REALTY Index Up 3.0%
December 28, 2020 10:14 AM

GODREJ PROPERTIES share price has hit an all-time high at Rs 1,430 (up 4.7%).

Meanwhile, the BSE REALTY Index is at 2,434 (up 3.0%).

Among the top gainers in the BSE REALTY Index today are GODREJ PROPERTIES (up 4.7%) and PHOENIX MILL .

SUNTECK REALTY (down 0.5%) is among the top loser today.

Over the last one year, GODREJ PROPERTIES has moved up from Rs 947 to Rs 1,430, registering a gain of Rs 483 (up 50.6%).

The BSE REALTY has moved up from 2,222 to 2,434, registering a gain of 212 points (up 9.5%) during the last 12 months.

The top gainers among the BSE REALTY Index stocks during this same period were GODREJ PROPERTIES (up 50.6%), INDIABULLS REAL EST (up 26.5%) and OBEROI REALTY (up 4.4%).

What About the Benchmark Indices?

The BSE Sensex is at 47,355 (up 0.5%). The top gainers among the BSE Sensex stocks today are INDUSIND BANK (up 1.5%), TATA STEEL (up 1.5%) and SBI (up 1.4%). Other gainers include AXIS BANK (up 1.3%) and BHARTI AIRTEL (up 1.2%). The most traded stocks in the BSE Sensex are ONGC and SBI.

In the meantime, NSE Nifty is at 13,865 (up 0.6%). The top gainers in the NSE Nifty include TATA MOTORS (up 3.8%), SBI LIFE INSURANCE (up 2.8%) and JSW STEEL (up 2.6%). Other gainers include HDFC LIFE INSURANCE (up 1.9%) and ADANI PORTS & SEZ (up 1.9%).

Over the last 12 months, the BSE Sensex has moved up from 41,643 to 47,355, registering a gain of 5,712 points (up 13.4%).

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 134.9x.