Meanwhile, the BSE Sensex was down 23.62 points, or 0.14%, to 16,870.63.

On BSE, 16,279 shares were traded in the counter as against an average daily volume of 42,901 shares in the past one quarter.

The stock hit a high of Rs 129.50 and a low of Rs 125 so far during the day. The stock had hit a 52-week high of Rs 147.65 on 2 September 2009 and a 52-week low of Rs 30 on 12 March 2009.

The stock had outperformed the market over the past one month till 17 December 2009, rising 11.81% as compared to the Sensex's 0.92% decline. It outperformed the market in past one quarter, gaining 2.77% as against 1.10% increase in the Sensex.

The small-cap infrastructure developer has an equity capital of Rs 32.65 crore. Face value per share is Rs 10.

The current price of Rs 125 discounts the company's Q2 September 2009, annualised EPS of Rs 12.39, by a PE multiple of 10.08.

The Master Trust Bank of Japan-HSBC Global Investment Funds held 5.66 lakh shares of Ganesh Housing Corporation as on September 2009.

Ganesh Housing Corporation's net profit declined 15.6% to Rs 10.12 crore on a 13.7% rise in sales to Rs 20.87 crore in Q2 September 2009 over Q2 September 2008.

Ganesh Housing Corporation is a full-service infrastructure development company. The company has expanded from its origins in residential construction to commercial and infrastructure development facilities. Ganesh Housing not only constructs but also creates comprehensive, economical and fast track projects.

Promoters have pledged 97.96 lakh shares, or 30% of the equity capital of the company. The total promoter shareholding in the company is 57.57% (As on September 2009).