Hot Pursuit     26-Dec-14
D B Realty spurts on heavy volumes
D B Realty surged 8.2% to Rs 58.70 at 14:41 IST on BSE after the company said that a development project by its subsidiary received full occupation certificate.

Meanwhile, the S&P BSE Sensex was down 34.93 points or 0.13% at 27,173.68.

On BSE, so far 3.80 lakh shares were traded in the counter as against average daily volume of 96,376 shares in the past one quarter.

The stock hit a high of Rs 61.65 and a low of Rs 54.70 so far during the day. The stock had hit a 52-week high of Rs 116.20 on 19 June 2014. The stock had hit a 52-week low of Rs 47.55 on 19 February 2014.

The stock had underperformed the market over the past one month till 24 December 2014, sliding 16.79% compared with Sensex's 4.53% fall. The scrip had also underperformed the market in past one quarter, declining 22.83% as against Sensex's 1.73% rise.

The small-cap company has equity capital of Rs 243.26 crore. Face value per share is Rs 10.

D B Realty said that DB Woods, Goregaon (East), a development comprising 3 residential towers of 55 stories each and 630 flats, by a subsidiary company of D B Realty, has received full occupation certificate. The project is the tallest residential development in the Mumbai suburbs, D B Realty said.

D B Realty's net profit spurted 1598.3% to Rs 10.02 crore on 8.1% decline in net sales to Rs 79.97 crore in Q2 September 2014 over Q2 September 2013.

D B Realty is a real estate developer in India.

Previous News
  D B Realty reports consolidated net loss of Rs 34.49 crore in the December 2021 quarter
 ( Results - Announcements 14-Feb-22   08:20 )
  D B Realty reports consolidated net loss of Rs 1.90 crore in the June 2015 quarter
 ( Results - Announcements 10-Aug-15   13:19 )
  D B Realty gets NCLT nod for JV resolution plan
 ( Hot Pursuit - 10-Jan-23   11:02 )
  DB Realty announces board meeting date
 ( Corporate News - 07-Aug-21   16:16 )
  D B Realty consolidated net profit rises 35.23% in the September 2015 quarter
 ( Results - Announcements 09-Nov-15   16:46 )
  D B Realty reports standalone net loss of Rs 2.96 crore in the June 2015 quarter
 ( Results - Announcements 10-Aug-15   09:12 )
  Unitech, DB Realty and RCom in doldrums
 ( Hot Pursuit - 28-Apr-11   12:13 )
  DB Realty to convene board meeting
 ( Corporate News - 03-Feb-21   15:23 )
  D B Realty reports net loss of Rs 6.03 crore in the March 2014 quarter
 ( Results - Announcements 31-May-14   08:22 )
  D B Realty gains on divesting 100% stake in subsidiary for Rs 231 crore
 ( Hot Pursuit - 07-Nov-23   11:01 )
  DB Realty hits lifetime low as MD quits over telecom probe
 ( Hot Pursuit - 07-Mar-11   15:25 )
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