Hot Pursuit     16-Mar-15
Ganesh Housing drops as foreign fund offloads bulk shares
Ganesh Housing Corporation fell 2.96% to Rs 111.50 at 10:14 IST on BSE after Merrill Lynch Capital Markets Espana SA SV sold 5.79 lakh shares of the company at an average price of Rs 105.05 per share in a bulk deal on NSE on Friday, 13 March 2015.

Meanwhile, the S&P BSE Sensex was down 11.55 points or 0.04% at 28,491.75.

On BSE, so far 4,690 shares were traded in the counter as against average daily volume of 24,798 shares in the past one quarter.

The stock hit a high of Rs 116.30 and a low of Rs 110.60 so far during the day. The stock had hit a 52-week low of Rs 69.50 on 21 March 2014. The stock had hit a 52-week high of Rs 218.05 on 7 July 2014.

The stock had underperformed the market over the past one month till 13 March 2015, sliding 10.96% compared with the Sensex's 2.03% fall. The stock had also underperformed the market in past one quarter, declining 10.9% as against Sensex's 4.21% rise.

The small-cap infrastructure developer has equity capital of Rs 32.67 crore. Face value per share is Rs 10.

Ganesh Housing Corporation's consolidated net profit rose 52.2% to Rs 13.50 crore on 11.1% growth in net sales to Rs 51.05 crore in Q3 December 2014 over Q3 December 2013.

Ganesh Housing Corporation is one of the leading real estate developers of Gujarat.

Previous News
  Ganesh Housing Corporation consolidated net profit declines 14.73% in the December 2022 quarter
 ( Results - Announcements 13-Jan-23   14:28 )
  Ganesh Housing Corporation announces board meeting date
 ( Corporate News - 06-May-24   14:54 )
  Ganesh Housing Corporation reports consolidated net loss of Rs 45.80 crore in the June 2020 quarter
 ( Results - Announcements 14-Aug-20   13:38 )
  Ganesh Housing Corp slides as Q3 PAT declines 15% YoY to Rs 24 cr
 ( Hot Pursuit - 13-Jan-23   15:07 )
  Ganesh Housing Corporation standalone net profit declines 67.97% in the March 2018 quarter
 ( Results - Announcements 04-Jun-18   17:04 )
  Ganesh Housing Corporation consolidated net profit declines 62.34% in the March 2018 quarter
 ( Results - Announcements 04-Jun-18   17:04 )
  Ganesh Housing Corporation to table results
 ( Corporate News - 10-Oct-23   10:55 )
  Ganesh Housing Corporation standalone net profit declines 14.69% in the December 2015 quarter
 ( Results - Announcements 13-Feb-16   10:50 )
  Ganesh Housing Corporation to convene board meeting
 ( Corporate News - 05-Jan-23   16:32 )
  Ganesh Housing Corporation to discuss results
 ( Corporate News - 04-Jan-22   10:09 )
  Ganesh Housing Corporation schedules AGM
 ( Corporate News - 07-Jul-18   16:22 )
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