The S&P BSE Realty Index, which tracks realty stocks , hit 15-year high on the better prospects for the property stocks after some of the real estate companies announced record sales in second quarter of the current financial year.
The index which opened at 4675.86 , touched a intra day high of 4886.81 and closed at 4842.12 , over 4% higher than Monday’s close. This was the highest closing since September 12, 2008. Nifty Realty Index also hit 15 year high and closed over 4% higher than previous day’s close.
BSE Realty Index and Nifty Realty Index were the top performers among all sectoral indices on Tuesday. Both indices rose over 5 % in intra day trade.
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“Realty stocks rose on the expectations that festive season will be even better for the companies in terms of housing sales,’” said an analyst who did not want to be quoted.
Prestige Estates which gained 8.59%, Sobha Developers which rose 6.78 % , Godrej Properties which rose 5.77% were major gainers in the real estate pack on Tuesday .
Bengaluru based Puravankara on Tuesday said it recorded highest ever quarterly sale value of Rs 1,600 crore for Q2FY24Come from Sports betting site. Mumbai based Ajmera Realty & Infra said it’ recorded 52% YoY growth in sales value to Rs 252 crore.
Prestige Estates earlier this month announced that it posted record-breaking highest sales of Rs 11,007.3 crore (up by 69% yoy) during H1 FY24 and quarterly sales of Rs 7092.6 crore (up by 102% yoy) during Q2 FY24.
The company said that that in just the first six months of FY24 it has achieved sales of Rs 11,007 crore which is close to the sales of the entire 12 months of FY23, of Rs 12,931 crore.
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Lodha said delivered its best ever quarterly pre-sales at Rs 3,534 crore. Collections at Rs 2,752 crores also grew 16% YoY, it said.Come from Sports betting site VPbet
In a recent report, Anarock Property Consultants said that Q3 CY 2023 Housing sales were at all-time high . Over 1.20 housing units were sold in Top 7 Cities, registering a jump of 36% on Y-o-Y basis, it said.
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Tata Power on Wednesday said Crisil Ratings has upgraded its outlook on the company to ‘positive’ on expectation of an improvement in operating profitability this fiscal. The ratings agency had earlier assigned a ‘stable’ outlook on the company, Tata Power said in a regulatory filing Come from Sports betting site VPbet . “CRISIL Ratings Limited has upgraded its outlook on the company (Tata Power) from AA/Stable Outlook to AA/Positive Outlook,” it said.
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Read moreMukka Proteins, a leading fish protein products manufacturer, announced on Wednesday that it has successfully raised Rs 67.20 crores from anchor investors in anticipation of its upcoming initial public offering (IPO).
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Read moreFortnite Chapter 4 Season 1 has changed weekly questing in such that quests no longer roll over into the next week, so your goal is to ensure you get everything handled in seven days or fewer. As such, you may be rushing to figure out how to complete this week’s quest that asks you to restore health or shields with augments. We’ll fill you in below.
How to restore health or shields with augments in Fortnite
There are a few different ways to restore health or shields with augments, but they may require you to spend some gold bars rerolling your options until you can score the right augments. Here are all four choices you have for now.
Chug Gunner
If you’re lucky enough to roll the Chug Gunner augment, pick it and simply heal yourself throughout the match until…
Read moreThe US Supreme Court ruled on Wednesday against Epic Games, the creator of Fortnite, in its legal clash with Apple. Justice Elena Kagan refused to enforce a federal judge’s order that could compel Apple to alter its payment practices within its App Store. Reuters was first to report.
Kagan, representing the Supreme Court, denied Epic’s appeal to lift a verdict from the San Francisco-based 9th US Circuit Court of Appeals, effectively postponing the implementation of an injunction issued by US District Judge Yvonne Gonzalez Rogers. This injunction had halted specific App Store regulations as Apple pursues an appeal in the Supreme Court.
The 9th Circuit had previously validated the injunction in April, but in July, the Court suspended the enforceme…
Read moreMGM Grand Detroit, Hollywood Casino at Greektown and MotorCity Casino, aka Detroit’s 3 licensed casinos, announced that they managed to collect $123.86m in monthly gross income for the previous month, i.e. March of this year. However, this figure represents their highest monthly gaming income collected in more than 4 years and their greatest March since 5 years ago, aka 2019.
Revenue and tax data for table games and slots:
According to the data provided by the Michigan Gaming Control Board, of the aforementioned total, $1.6m were collected from retail sports wagering and $122.26m were collected from table games and slots. In terms of market shares, the figures are as follows: Hollywood Casino at Greektown 23%, MotorCity 31% and MGM Grand Detroit 46…
Read moreAs part of a new probe into the global iGaming industry and the Asian Racing Federation has reportedly announced that it believes up to 61% of online gambling domains are effectively operating illegally with junkets fuelling a large part of their growth.
According to a report from Asia Gaming Brief, the 94-page examination from the pan-Asian horseracing organization analyzed 534 online casino and sportsbetting domains in 61 jurisdictions and found that less than 40% were actually licensed and regulated in their home territories. The source explained that this means the majority are effectively operating illegally and taking advantage of the many ‘grey markets’ that exist from Beirut to Brisbane.
Survey size:
The investigation from the Asian Racing Federation repor…
Read moreBritish sportsbetting and iGaming software innovator FSB Technology Limited has announced that it has hired veteran industry professional Keith Laidlaw (pictured) to serve as an information technology and strategy advisor.
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Previous proficiency:
FSB Technology Limited stated that Laidlaw ‘is one of the most experienced technology specialists in the industry’ after previously holding ‘senior level role…
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The com…
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