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Nexus Select Trust (NXST)

₹1511.11%

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Overview
News
Financials
Q3 '23 Results
Technicals

Analyst Rating

based on 12 analysts

BUY

100.00%

Buy

0.00%

Hold

0.00%

Sell

Based on 12 analysts offering long term price targets for Nexus Select Trust. An average target of ₹149.67

Source: S&P Global Market Intelligence

Nexus Select Trust Share analysis

Source: S&P Global Market Intelligence

Performance

  • Day's Low

    Day's High

    ₹149.34
    ₹153.65
  • 52 Week's Low

    52 Week's High

    ₹113
    ₹153.65
1 Month Return+ 12.31 %
3 Month Return+ 11.95 %
1 Year Return+ 30.43 %
Previous Close₹149.34
Open₹149.95
Volume10.94L
Upper Circuit-
Lower Circuit-
Market Cap₹22,625.01Cr

Key Statistics

P/E Ratio33.41
PEG Ratio0.98
Market Cap₹22,625.01 Cr
P/B Ratio1.26
EPS3.97

Mutual Fund Holdings

Funds HoldingsPrev. 6M
HDFC Flexi Cap Fund -Direct Plan - Growth OptionHDFC Flexi Cap Fund -Direct Plan - Growth Option1.57%
HDFC Focused 30 Fund -Direct Plan - Growth OptionHDFC Focused 30 Fund -Direct Plan - Growth Option1.87%
SBI Dividend Yield Fund Direct GrowthSBI Dividend Yield Fund Direct Growth2.52%
WhiteOak Capital Flexi Cap Fund Direct GrowthWhiteOak Capital Flexi Cap Fund Direct Growth1.14%
HDFC Infrastructure Fund -Direct Plan - Growth OptionHDFC Infrastructure Fund -Direct Plan - Growth Option0.91%

Company Information

Nexus Select Trust is a retail REIT Real Estate Investment Trust that owns and operates high-quality shopping malls and other retail properties in India. With a portfolio of 17 fully operational shopping malls, two hotels with 354 keys and office spaces, Nexus Select Trust is a market leader in India, with over 1000 national and international brands occupying more than 3000 stores and covering a dense 9.8 million square feet area. The trust is sponsored by Blackstone Real Estate Funds and has US$951 billion worth of assets under management as of September 30, 2022.

Nexus Select Trust caters to India’s growth in consumerism with its properties serving as essential consumption infrastructure for India's ever-growing middle class. It offers an attractive opportunity to capitalize on India’s consumption growth through a robust business model and diversified asset base. It has been proactively curating a diverse mix of tenants including apparel and accessory stores, entertainment centres, food & beverage brands, hypermarkets and more, making its many centres a one stop destination for all shopping and entertainment experiences.

The Trust is proposing an Offer to issue Units for cash aggregating up to Rs 1600 crore through fresh issue to fund the operations of this trusted source of consumerism in India.

Share Price: ₹151.00 per share as on 15 Jul, 2024 04:01 PM
Market Capitalisation: ₹22,625.01Cr as of today
Revenue: ₹534.71Cr as on March 2024 (Q1 24)
Net Profit: ₹146.36Cr as on March 2024 (Q1 24)
Listing date: 19 May, 2023
OrganisationNexus Select Trust
Headquarters
IndustryReal Estate Investment Trusts
E-voting on sharesClick here to vote

Key events for Nexus Select Trust

  • Morgan Stanley Upgrades Nexus Select Trust Stock - 10 Jul, 2024

    Morgan Stanley Research has upgraded Nexus Select Trust stock to overweight and raised its price target to Rs 150 per unit. The company owns 17 malls and is set to complete the acquisition of targeted malls in Hyderabad, boosting growth potential. With contractual rent escalations, increased tenant sales, and re-leasing at higher market rents, Nexus Select's asset portfolio appears well-positioned for strong organic growth.

Insights on Nexus Select Trust

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Price Rise

    img

    In the last 7 days, NXST stock has moved up by 3.0%

  • imgPOSITIVE IMPACT

    FII Holding Up

    img

    Foreign Institutions have increased holdings from 4.43% to 4.86% in Mar 2024 quarter

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 43.13% of holdings in Mar 2024 quarter

  • imgNEGATIVE IMPACT

    MF Holding Down

    img

    Mutual Funds have decreased holdings from 7.33% to 6.89% in Mar 2024 quarter

  • imgNEGATIVE IMPACT

    Retail Holding Down

    img

    Retail Investor have decreased holdings from 40.13% to 40.10% in Mar 2024 quarter

Company Financials

Value in ₹ crore
Q'1 24Q/Q Change
Revenue
₹534.71Cr
↓5.54%
Net Income
₹146.36Cr
↑36.96%
Net Profit Margin
27.37%
↑44.97%
2024Y/Y Change
Revenue
₹1,916.38Cr
-
Net Income
₹598.55Cr
↓20,389.83%
Net Profit Margin
31.23%
-
Value in ₹ crore
2024Y/Y Change
Total Assets
₹17,472.53Cr
↑38,633.16%
Total Liabilities
₹2,241.62Cr
↑4,565.18%
Value in ₹ crore
2024Y/Y Change
Operating Cash Flow
-₹33.37Cr
-

Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
43.13%
0.00
Foreign Institutions
4.86%
0.00
Mutual Funds
6.89%
0.00
Retail Investors
40.1%
0.00
Others
5.02%
0.00

Key Indicators

Nexus Select Trust Valuation

Nexus Select Trust in the last 5 years

  • Overview

  • Trends

Lowest (-5.22x)

January 1, 2024

Industry (25.21x)

July 12, 2024

Today (33.41x)

July 12, 2024

Highest (33.41x)

July 12, 2024

LowHigh

Earnings and Dividends

  • Nexus Select Trust Earnings Results

    Nexus Select Trust’s net profit jumped 5061.36% since last year same period to ₹146.36Cr in the Q4 2023-2024. On a quarterly growth basis, Nexus Select Trust has generated 36.96% jump in its net profits since last 3-months.

    Read More about Earnings Results
  • Nexus Select Trust Dividends May,2024

    In the quarter ending March 2024, Nexus Select Trust has declared dividend of ₹2.09 - translating a dividend yield of 4.73%.

    Read More about Dividends

Technicals Summary

Bearish

Neutral

Bullish

Bullish

Nexus Select Trust is currently in a Bullish trading position according to technical analysis indicators.

Frequently Asked Questions

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Nexus Select Trust (NXST) share price today is ₹151

Nexus Select Trust is listed on NSE

Nexus Select Trust is listed on BSE

  • Today’s highest price of Nexus Select Trust is ₹153.65.
  • Today’s lowest price of Nexus Select Trust is ₹149.34.

PE Ratio of Nexus Select Trust is 33.41

PE ratio = Nexus Select Trust Market price per share / Nexus Select Trust Earnings per share

Today’s traded volume of Nexus Select Trust(NXST) is 10.94L.

Today’s market capitalisation of Nexus Select Trust(NXST) is ₹22625.01Cr.

Nexus Select Trust(NXSTPrice
52 Week High
₹153.65
52 Week Low
₹113

Nexus Select Trust(NXST) share price is ₹151. It is down -1.72% from its 52 Week High price of ₹153.65

Nexus Select Trust(NXST) share price is ₹151. It is up 33.63% from its 52 Week Low price of ₹113

Nexus Select Trust(NXSTReturns
1 Day Returns
1.66%
1 Month Returns
12.31%
3 Month Returns
11.95%
1 Year Returns
30.43%