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Ansal Housing & Construction Ltd.

BSE: 507828 Sector: Infrastructure
NSE: ANSALHSG ISIN Code: INE880B01015
BSE LIVE 15:40 | 06 Dec 19.95 0.40
(2.05%)
OPEN

19.00

HIGH

20.50

LOW

19.00

NSE LIVE 15:31 | 06 Dec 19.85 0.35
(1.79%)
OPEN

19.85

HIGH

20.20

LOW

19.20

OPEN 19.00
PREVIOUS CLOSE 19.55
VOLUME 7121
52-Week high 32.25
52-Week low 15.50
P/E 9.98
Mkt Cap.(Rs cr) 118.48
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00
OPEN 19.00
CLOSE 19.55
VOLUME 7121
52-Week high 32.25
52-Week low 15.50
P/E 9.98
Mkt Cap.(Rs cr) 118.48
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00

Ansal Housing & Construction Ltd. (ANSALHSG) - Company History

Ansal Housing & Construction Ltd, promoted by Sushil Ansal,Gopal Ansal,Deepak Ansal,Ansal Properties & Industries(P) Ltd and their associates,was incorporated as Ansal Housing Finance & Leasing Ltd(a public limited company) on October 1983. A public issue was announced in December 1985 and the name was changed to the present one with effect from May 31 1990. Real estate development continues to be the main business of AHCL,with focus on low and medium range residential property. It concentrates on the area in and around Delhi with special focus on Noida and Ghaziabad regions of UP. In August 1999,the Ansal group has drawn a major restructuring plan,involving the consolidation of certain operations of AHCL,APIL and AB. Diversification into the infrastructure sector was put on hold,with focus on the real estate and hotel business. In 2001 the company has launched new project called Panchvati Enclave(Meerut) in Joint Venture with Meerut Development Authority. The residential project at Gurgaon involving construction of about 2 million Sq.Ft of area is likely to be launched in early of 2002. The expected turnover is approximately Rs.45 crores in this project for the first six months.

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