Hot Pursuit     18-Apr-17
Peninsula Land jumps over 7% in two sessions
Peninsula Land rose 2.48% to Rs 26.85 at 15:24 IST on BSE, extending yesterday's gain triggered by the company's plan to raise funds via non-convertible debt.
Meanwhile, the S&P BSE Sensex was down 112.14 points, or 0.38% to 29,301.52.

On the BSE, 11.27 lakh shares were traded in the counter so far, compared with average daily volumes of 2.11 lakh shares in the past one quarter. The stock had hit a high of Rs 30.20 so far during the day, which is also a 52-week high for the counter. The stock had hit a low of Rs 26.50 so far during the day. The stock hit a 52-week low of Rs 13.15 on 27 December 2016.

The stock had outperformed the market over the past one month till 17 April 2017, rising 47.19% compared with 0.79% decline in the Sensex. The scrip had also outperformed the market in past one quarter, rising 75.37% as against Sensex's 8% rise.

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

Peninsula Land said that its board will meet on Monday, 24 April 2017, to consider the proposal of raising funds by issuing non-convertible debt securities on private placement basis during Financial Year 2017-2018. The announcement was made on Saturday, 15 April 2017.

Shares of Peninsula Land jumped 5.01% to settle at Rs 26.20 yesterday, 17 April 2017. The stock has risen 7.62% in two trading sessions from its close of Rs 24.95 on 13 April 2017.

Peninsula Land reported net loss of Rs 20.45 crore in Q3 December 2016, as against net loss of Rs 6.61 crore in Q3 December 2015. Net sales rose 19.2% to Rs 16.49 crore in Q3 December 2016 over Q3 December 2015.

Peninsula Land is the real estate arm of Ashok Piramal Group. The company is known for its concept based architectures in the commercial, retail and residential sectors.

Previous News
  Peninsula Land reports consolidated net loss of Rs 1.87 crore in the June 2024 quarter
 ( Results - Announcements 09-Aug-24   07:32 )
  Peninsula Land reports standalone net loss of Rs 109.69 crore in the December 2018 quarter
 ( Results - Announcements 08-Feb-19   13:53 )
  Peninsula Land EGM scheduled
 ( Corporate News - 11-May-24   17:25 )
  Peninsula Land reports standalone net loss of Rs 202.58 crore in the March 2018 quarter
 ( Results - Announcements 25-May-18   09:26 )
  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 reports consolidated net profit of Rs 15.81 crore in the March 2021 quarter
 ( Results - Announcements 23-Jun-21   08:57 )
  Peninsula Land consolidated net profit rises 204.84% in the December 2022 quarter
 ( Results - Announcements 14-Feb-23   07:47 )
  Peninsula Land to announce Quarterly Result
 ( Corporate News - 31-Jan-19   09:50 )
  Peninsula Land net profit rises 62.07% in the September 2008 quarter
 ( Results - Announcements 16-Oct-08   17:02 )
  Uniphos Enterprises Ltd leads losers in 'B' group
 ( Hot Pursuit - 02-Jan-20   14:45 )
  Peninsula Land reports standalone net loss of Rs 6.01 crore in the September 2015 quarter
 ( Results - Announcements 27-Oct-15   08:24 )
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