Hot Pursuit     11-Apr-17
GIC Housing Finance drops on profit booking
GIC Housing Finance lost 2.57% to Rs 484.55 at 15:09 IST on BSE on profit booking after gaining 36.78% in the preceding five trading sessions to settle at Rs 497.35 yesterday, 10 April 2017, from its close of Rs 363.60 on 31 March 2017.

Meanwhile, the S&P BSE Sensex was up 215.30 points, or 0.73%, to 29,791.04. The S&P BSE Small-Cap index was up 142.07 points, or 0.96%, to 14,918.10

On BSE, so far 1.39 lakh shares were traded in the counter, compared with an average volume of 38,842 shares in the past one quarter. The stock hit a high of Rs 515 in intraday trade so far, which is record high for the counter. The stock hit a low of Rs 473.25 so far during the day. The stock hit a 52-week low of Rs 233 on 8 April 2016.

The stock had outperformed the market over the past one month till 10 April 2017, rising 64.47% compared with 2.17% rise in the Sensex. The scrip, also outperformed the market in past one quarter, surging 85.58% as against Sensex's 9.95% rise.

The small-cap company has an equity capital of Rs 53.85 crore. Face value per share is Rs 10.

GIC Housing Finance's net profit rose 12.55% to Rs 34.43 crore on 13.61% growth in total income to Rs 253.07 crore in Q3 December 2016 over Q3 December 2015.

GIC Housing Finance provides housing loans to both individuals and corporations.

Previous News
  GIC Housing Finance consolidated net profit declines 46.39% in the September 2023 quarter
 ( Results - Announcements 04-Nov-23   07:35 )
  GIC Housing Finance standalone net profit rises 1299.29% in the June 2022 quarter
 ( Results - Announcements 03-Aug-22   08:57 )
  GIC Housing Finance director resigns
 ( Corporate News - 21-Dec-21   17:26 )
  GIC Housing Finance standalone net profit declines 14.53% in the December 2022 quarter
 ( Results - Announcements 03-Feb-23   07:39 )
  GIC Housing Finance standalone net profit declines 1.01% in the September 2018 quarter
 ( Results - Announcements 27-Nov-18   15:41 )
  GIC Housing Finance Ltd leads gainers in 'A' group
 ( Hot Pursuit - 06-Oct-20   12:00 )
  GIC Housing Finance announces board meeting date
 ( Corporate News - 20-Jan-21   14:50 )
  GIC Housing Finance standalone net profit rises 15.33% in the September 2015 quarter
 ( Results - Announcements 30-Oct-15   10:45 )
  GIC Housing Finance to hold board meeting
 ( Corporate News - 28-Jun-17   12:56 )
  GIC Housing Finance net profit rises 6.74% in the September 2013 quarter
 ( Results - Announcements 31-Oct-13   19:32 )
  GIC Housing Finance announces cessation of directors
 ( Corporate News - 15-Jun-18   13:28 )
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