Ashiana Housing rose 3.36% to Rs 316.70 at 10:01 IST on BSE, with the stock extending yesterday's rally triggered by the company announcing the launch of a residential project in Sohna, Gurgaon.
Meanwhile, the S&P BSE Sensex was up 4.41 points or 0.02% at 28,979.52.
On BSE, so far 35,000 shares were traded in the counter as against average daily volume of 27,000 shares in the past two weeks.
The stock hit a high of Rs 327.30 so far during the day, which is a record high for the counter. The stock hit a low of Rs 302 so far during the day. The stock had hit a 52-week low of Rs 76.10 on 25 February 2014.
Shares of Ashiana Housing have rallied 17.25% in two trading sessions from Rs 270.10 on 20 February 2015, after the company during market hours yesterday, 23 February 2015, announced the launch of a residential project in Sohna, Gurgaon. The stock had rallied 13.43% to settle at Rs 306.40 yesterday, 23 February 2015. Ashiana Housing announced the launch of residential project "Ashiana Anmol" located in Sohna (Gurgaon). The entire project is spread across 13.337 acres of land with total saleable area of approximately 11.50 lakhs sq. ft, the company said.
On consolidated basis, Ashiana Housing's net profit surged 223.3% to Rs 5.27 crore on 161% growth in net sales to Rs 35.84 crore in Q3 December 2014 over Q3 December 2013.
Ashiana Housing is a real estate company with focus on residential apartments.
Powered by Capital Market - Live News
