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BIGBLOC Construction Ltd

BIGBLOC Construction Ltd (BIGBLOC)

₹246.7▲0.96%

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Overview

Fundamentals

Q3 '23 Results

Technicals

News and Events

BIGBLOC Construction Ltd share Performance

₹242.95
₹249.5
₹246.7
1.52%
Low
Day's Volatility:2.66%
High
1.13%
₹138.25
₹284.4
₹246.7
43.96%
Low
52 Weeks Volatility:59.24%
High
15.28%

Returns %
1 Month Return	+ 10.02 %
3 Month Return	+ 11.52 %
1 Year Return	+ 41.78 %

Market Stats
Previous Close	₹₹244.35
Open	₹₹246.20
Volume	₹23.85K
Upper Circuit	₹-
Lower Circuit	₹-
Market Cap	₹₹1,729.70Cr

Company Information

Bigbloc Construction Limited was established on June 17, 2015 and is based in Gujarat, India. They manufacture, sell and supply Aerated Autoclave Concrete Blocks (AAC) to cities such as Mumbai, Thane, Pune, Vapi, and Silvassa. AAC blocks are a high-quality, energy saving, and environment-friendly building material that offers strength, low weight, thermal insulation, sound absorption, fire resistance, and buildability. Bigbloc generates over 50,000 tons of Carbon Credits each year by utilizing fly ash for production. The plant setup is designed with no discharge of hazardous materials to the ground and the unused debris are collected and recycled. The Company has established a sales team in 9 locations and have supplied large projects like Lodha Palava Zydus hospitals with blocks. Additionally, the Company aquired a non-performing plant in Ahmedabad and has increased production capacity in their Subsidiary, Starbigbloc Building Material Private Limited by 25. Bigbloc provides an excellent building material, taking on a sustainable approach with their production, resulting in energy saving and carbon credit generation.

Share Price: ₹246.70 per share as on 18 May, 2024 04:01 PM
Market Capitalisation: ₹1,729.70Cr as of today
Revenue: ₹67.95Cr as on March 2024 (Q1 24)
Net Profit: ₹8.65Cr as on March 2024 (Q1 24)
Listing date: 02 Sep, 2016
Chairperson Name: Narayan Sitaram Saboo

Organisation	BIGBLOC Construction Ltd
Headquarters
Industry	Cement - Products
E-voting on shares	Click here to vote

Key events for BIGBLOC Construction Ltd

Shankar Sharma's Investment Boosts BigBloc Construction Ltd Shares - 08 May, 2024
BigBloc Construction Ltd shares rose 6.6% after Shankar Sharma bought a stake in the company via bulk deal before Q4FY24 earnings announcement. The company reported a consolidated net profit of ₹8.61 crore, up by nearly 12%, and total income jumped 24% YoY to ₹61.52 crore during Q3FY24. Its subsidiary SIAM Cement BigBloc Construction Technologies commenced production at its greenfield project in Gujarat.
Shankar Sharma Invests in Bigbloc Construction - 07 May, 2024
Ace investor Shankar Sharma bought a 0.51% stake in Bigbloc Construction for Rs 8.57 crore, causing the stock to soar by 7.4%. The company is engaged in manufacturing AAC blocks and related products, with revenue surging by 24% annually.
Bigbloc Construction Shares Rise as Investor Buys Stake - 06 May, 2024
Shares of Bigbloc Construction rose by eight percent after investor Shankar Sharma bought a 0.51% stake in the company for Rs 8.57 crore.
BIGBLOC Construction Ltd Shares Surge 26% in a Month - 27 Apr, 2024
BIGBLOC Construction Ltd shares have gained 26% in the last month and are up 89% in the last year. However, its P/E ratio of 63.5x may make it look like a strong sell compared to the market in India. Further investigation is required to determine if the high P/E is justified.
Insiders of BIGBLOC Construction Ltd show confidence in the company's future - 23 Apr, 2024
Madhu Saboo, an insider of BIGBLOC Construction Limited, purchased ₹24m worth of shares at a price of ₹225 per share. This suggests that insiders have confidence in the company's future, especially considering the high insider ownership of 35% of the company's shares.

Fundamentals of BIGBLOC Construction Ltd

Insights on BIGBLOC Construction Ltd

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

POSITIVE IMPACT
Promoter Holding Up
Promoters have increased holdings from 72.27% to 72.42% in Mar 2024 quarter
POSITIVE IMPACT
Price Rise
In the last 3 years, BIGBLOC stock has moved up by 1348.4%
POSITIVE IMPACT
Profit Spike
Netprofit is up for the last 5 quarters, 5.62 Cr → 8.66 Cr (in ₹), with an average increase of 9.9% per quarter
POSITIVE IMPACT
FII Holding Up
Foreign Institutions have increased holdings from 0.00% to 0.12% in Mar 2024 quarter
POSITIVE IMPACT
Revenue Rich
Revenue is up for the last 5 quarters, 47.24 Cr → 71.78 Cr (in ₹), with an average increase of 9.8% per quarter
POSITIVE IMPACT
Best in 3 Years
In the last 3 years, BIGBLOC has outperformed top 5 stocks with highest market-cap in Construction Materials
NO EFFECT
Against Peers
In the last 1 year, Ambuja Cements Ltd has given 55.5% return, outperforming this stock by 13.8%
NEGATIVE IMPACT
Retail Holding Down
Retail Investor have decreased holdings from 27.72% to 27.38% in Mar 2024 quarter