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 standalone net profit rises 201.67% in the March 2021 quarter
 ( Results - Announcements 29-Jun-21   08:03 )
  GIC Housing Finance Limited: [ICRA]AA+ (Negative) assigned to fresh NCD programme; earlier ratings reaffirmed
 ( Press Releases - 12-Apr-21   18:40 )
  GIC Housing Finance redeems commercial paper for Rs 200 cr
 ( Corporate News - 09-Oct-20   18:15 )
  GIC Housing Finance to announce Quarterly Result
 ( Corporate News - 15-Jul-22   16:37 )
  GIC Housing Finance reports standalone net loss of Rs 55.71 crore in the June 2020 quarter
 ( Results - Announcements 14-Sep-20   08:16 )
  GIC Housing Finance repays commercial paper aggregating Rs 100 cr
 ( Corporate News - 27-Nov-20   16:51 )
  ICICI Prudential Life Insurance Company Ltd leads gainers in 'A' group
 ( Hot Pursuit - 27-Mar-19   12:00 )
  GIC Housing Finance net profit rises 6.74% in the September 2013 quarter
 ( Results - Announcements 31-Oct-13   19:32 )
  GIC Housing Finance to hold board meeting
 ( Corporate News - 07-Jan-16   10:27 )
  GIC Housing Finance's net profit Rs 13.42 crore in December 2006 quarter
 ( Results - Announcements 20-Jan-07   14:58 )
  GIC Housing Finance repays commercial paper for Rs 100 cr
 ( Corporate News - 26-Sep-20   11:39 )
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