Business Standard

Dewan Housing gains after strong Q2 results

Image

Capital Market

Dewan Housing Finance Corporation rose 1.76% to Rs 155.90 at 10:10 IST on BSE after net profit rose 50.4% to Rs 129.14 crore on 42.7% increase in operating income to Rs 1167.21 crore in Q2 September 2013 over Q2 September 2012.

The result was announced after market hours on Monday, 21 October 2013.

Meanwhile, the BSE Sensex was up 24.39 points, or 0.12%, to 20,918.28.

On BSE, 1.16 lakh shares were traded in the counter compared with average volume of 1.16 lakh shares in the past one quarter.

The stock hit a high of Rs 159.90 and a low of Rs 154.25 so far during the day. The stock hit a 52-week high of Rs 224.90 on 15 January 2013. The stock hit a 52-week low of Rs 101.50 on 25 September 2013.

 

The stock had outperformed the market over the past one month till 21 October 2013, rising 33.16% compared with the Sensex's 3.11% rise. The scrip had, however, underperformed the market in past one quarter, rising 0.82% as against Sensex's 3.69% rise.

The small-cap company has an equity capital of Rs 128.33 crore. Face value per share is Rs 10.

Dewan Housing Finance Corporation is a housing finance company.

Powered by Capital Market - Live News

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Oct 22 2013 | 10:14 AM IST

Explore News