Hot Pursuit     21-Dec-17
Ashiana Housing inches up on bulk buying from SBI MF
Ashiana Housing was up 0.72% to Rs 182.20 at 15:14 IST on BSE after SBI Mutual Fund bought bulk shares of the company in open market transactions yesterday, 20 December 2017.

Meanwhile, the S&P BSE Sensex was down 14.57 points or 0.04% at 33,762.81.

On the BSE, 1.50 lakh shares were traded on the counter so far as against the average daily volumes of 50,178 shares in the past one quarter. The stock had hit a high of Rs 185.65 and a low of Rs 180 so far during the day. The stock had hit a 52-week high of Rs 250.35 on 3 April 2017 and a 52-week low of Rs 129.20 on 22 December 2016.

The small-cap company has equity capital of Rs 20.47 crore. Face value per share is Rs 2.

Ashish Ramchandra Kacholia sold 9.10 lakh shares of Ashiana Housing at Rs 167 per share in a bulk deal on the NSE yesterday, 20 December 2017. Goldman Sachs Emerging Market Equity Fund offloaded 9.82 lakh shares at Rs 165 apiece. Idria sold 16.83 lakh shares at Rs 165.77 per share. SBI Mutual Fund A/C Small and Midcap Fund bought 17.77 lakh shares at Rs 165.79 per share.

On a consolidated basis, Ashiana Housing's net profit rose 10.6% to Rs 23.07 crore on 6% decline in net sales to Rs 108.49 crore in Q2 September 2017 over Q2 September 2016.

Ashiana Housing is a real estate development company.

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