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Housing finance shares in demand

Capital Market 

Shares of eight housing companies rose by 0.17% to 4.28% at 15:00 IST on BSE on renewed buying.

Meanwhile, the was up 101.18 points, or 0.30% at 34,293.83.

Corporation (up 4.28%), Housing (up 2.03%), (up 1.62%), (up 1.45%), (up 0.79%), (up 0.45%) and (up 0.17%), edged higher.

was up 4.34% to Rs 639 after net profit rose 18.16% to Rs 130.51 crore on 16.39% increase in total income to Rs 484.31 crore in Q4 March 2018 over Q4 March 2017. The result was announced on Saturday, 14 April 2018.

The board of recommended issuing bonus shares in the ratio of 1:1 (i.e. 1 equity share for each equity share held as on the record date to be fixed for the purpose) to the shareholders of the company.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Mon, April 16 2018. 15:01 IST
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