Hot Pursuit     26-Oct-12
Peninsula Land drops after 63.5% rally in 3 days
Peninsula Land fell 3.77% to Rs 77.90 at 12:37 IST on BSE, with the stock sliding on profit booking after 3-day 63.53% rally triggered by the company reporting strong Q2 results.

Meanwhile, the BSE Sensex was down 87.65 points or 0.47% to 18,670.98.

The stock fell on high volumes. On BSE, 10.26 lakh shares were traded in the counter as against average daily volume of 1.33 lakh shares in the past one quarter.

The stock hit a high of Rs 81.80 and a low of Rs 74.10 so far during the day. The stock had hit a 52-week high of Rs 84 on Thursday, 25 October 2012. The stock had hit a 52-week low of Rs 27.50 on 15 May 2012.

The stock had outperformed the market over the past one month till 25 October 2012, surging 79.49% compared with the Sensex's 0.34% rise. The scrip had also outperformed the market in past one quarter, jumping 121.48% as against Sensex's 11.35% rise.

The small-cap company has equity capital of Rs 55.84 crore. Face value per share is Rs 2.

Shares of Peninsula Land had galloped 63.53% in three trading sessions to settle at Rs 80.95 on Thursday, 25 October 2012, from a recent low of Rs 49.50 on 19 October 2012, after the company after market hours on 19 October 2012 reported strong Q2 results.

Peninsula Land's net profit galloped 504.6% to Rs 82.71 crore on 479.2% growth in net sales to Rs 286.68 crore in Q2 September 2012 over Q2 September 2011.

Peninsula Land is into real estate development.

Previous News
  Peninsula Land announces board meeting date
 ( Corporate News - 26-May-23   14:45 )
  Peninsula Land announces board meeting date
 ( Corporate News - 31-Oct-23   15:43 )
  Peninsula Land Ltd leads gainers in 'B' group
 ( Hot Pursuit - 03-May-24   12:15 )
  Peninsula Land announces board meeting date
 ( Corporate News - 02-Aug-18   12:14 )
  Peninsula Land reports standalone net loss of Rs 13.75 crore in the March 2015 quarter
 ( Results - Announcements 11-May-15   09:39 )
  Peninsula Land to convene AGM
 ( Corporate News - 26-Aug-21   09:28 )
  Peninsula Land reports consolidated net profit of Rs 52.61 crore in the March 2023 quarter
 ( Results - Announcements 31-May-23   17:41 )
  Board of Peninsula Land recommends final dividend
 ( Corporate News - 11-May-15   15:41 )
  Peninsula Land consolidated net profit declines 44.86% in the September 2023 quarter
 ( Results - Announcements 07-Nov-23   07:42 )
  Peninsula Land to convene EGM
 ( Corporate News - 24-Feb-23   17:14 )
  Board of Peninsula Land approves issue of NCDs up to Rs 300 cr in FY23
 ( Corporate News - 26-May-22   09:31 )
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