HDIL Surges by 5%; BSE REALTY Index Down 0.1%

HDIL share price has zoomed 5% and is presently trading at Rs 27. Meanwhile, the BSE REALTY Index is at 2,154 (down 0.1%).

Among the top Gainers in the BSE REALTY Index today are HDIL (up 5.1%) and INDIABULLS REAL EST (up 11.4%). PHOENIX MILL (down 0.9%) and GODREJ PROPERTIES (down 1.9%) are among the top losers today.

Over the last one year, HDIL has moved down from Rs 42 to Rs 27, registering a loss of Rs 15 (down 35.1%). On the other hand, the BSE REALTY has moved down from 2,281 to 2,154, loss of 127 points (down 6.3%) during the last 12 months.

The top gainers among the BSE REALTY Index stocks during this same period were GODREJ PROPERTIES (up 32.8%), SUNTECK REALTY (up 17.8%) and PHOENIX MILL (up 10.8%).

Source : Equity master

Colgate Q4 PAT seen up 11.2% YoY to Rs. 198.8 cr: Kotak

Kotak has come out with its fourth quarter (January-March’ 19) earnings estimates for theConsumer Staples sector. The brokerage house expects Colgateto report net profit at Rs. 198.8 crore up 11.2% year-on-year (up 8.6% quarter-on-quarter).

Net Sales are expected to increase by 7.4 percent Y-o-Y (up 6.7 percent Q-o-Q) to Rs. 1,173 crore, according to Kotak.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 10 percent Y-o-Y (up 7.6 percent Q-o-Q) to Rs. 338.3 crore.

Source : MONEYCONTROL.COM