 "Ansal Buildwell zooms 90% in four days post Q1 results")
Shares of Ansal Buildwell are locked at the upper circuit of 10%, at Rs 163 on the BSE, for the fourth straight day after the company reported a net profit of Rs 13.03 crore for the quarter ended June 30, 2015 (Q1).
The company, engaged in the real estate business, had posted a profit of Rs 33 lakh in the same quarter last year.
Total income from operations in the quarter increased by 53% at Rs 47 crore against Rs 30 crore in the corresponding quarter of previous year. Total expenses declined by 11% at Rs 24 crore over the previous year.
The stock is currently trading at its 52-week high. Post Q1 results, it has zoomed by 90% from Rs 85.85 on August 13, 2015, compared to a 1.5% rise in the S&P BSE Sensex.
Till 11:46 AM, around 47,000 shares changed hands against an average 21,000 shares that were traded daily in the past two weeks on the BSE. There are pending buy orders worth 10,295 shares, the BSE data shows.
Meanwhile, thus far in 2015, the stock has appreciated by 191% from Rs 56.60 against a 2% rise in the benchmark index.
The company, engaged in the real estate business, had posted a profit of Rs 33 lakh in the same quarter last year.
Total income from operations in the quarter increased by 53% at Rs 47 crore against Rs 30 crore in the corresponding quarter of previous year. Total expenses declined by 11% at Rs 24 crore over the previous year.
The stock is currently trading at its 52-week high. Post Q1 results, it has zoomed by 90% from Rs 85.85 on August 13, 2015, compared to a 1.5% rise in the S&P BSE Sensex.
Till 11:46 AM, around 47,000 shares changed hands against an average 21,000 shares that were traded daily in the past two weeks on the BSE. There are pending buy orders worth 10,295 shares, the BSE data shows.
Meanwhile, thus far in 2015, the stock has appreciated by 191% from Rs 56.60 against a 2% rise in the benchmark index.
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