SRS Real Infrastructure hits record high after bulk deals
Meanwhile, the BSE Sensex was up 160.68 points or 0.83% at 19,415.77.
On BSE, 12.16 shares were traded in the counter as against average daily volume of 2.36 lakh shares in past one quarter.
The stock hit a high of Rs 54.90 so far during the day, which is a record high for the counter. The stock hit a low of Rs 50 so far during the day. The stock had hit a 52-week low of Rs 30 on 22 May 2012.
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SRS Real Infrastructure's net profit rose 23.5% to Rs 2 crore on 0.4% growth in net sales to Rs 186.38 crore on 186.38 crore in Q2 September 2012 over Q2 September 2011.
SRS Real Infrastructure is presently engaged in the development and construction of over a dozen projects in the residential and commercial genres. With a land bank of approximately 500 acres, the real estate operations are spread across Faridabad, Greater Faridabad, Palwal, Rewari, Kurukshetra, Panchkula, Karjat (Mumbai).
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