Gruh Finance is currently trading at Rs. 199.70, up by 2.80 points or 1.42% from its previous closing of Rs. 196.90 on the NSE.
The scrip opened at Rs. 198.10 and has touched a high and low of Rs. 200.15 and Rs. 196.50 respectively. So far 20,683 shares were traded on the counter.
The NSE group stock of face value Rs. 2 has touched a 52 week high of Rs. 224.90 on 04-Oct-2012 and a 52 week low of Rs. 100.30 on 12-Dec-2011.
The promoters holding in the company stood at 59.90% while Institutions and Non-Institutions held 16.70% and 23.40% respectively.
The company has posted a rise of 30.07% in its net profit at Rs 27.21 crore for the quarter ended September 30, 2012 as compared to Rs 20.92 crore for the same quarter in the previous year. Total income has increased by 28.26% at Rs 156.98 crore for quarter under review as compared to Rs 122.39 crore for the quarter ended September 30, 2011.
Gruh Finance is primarily engaged in the business of providing long term finance to individuals for construction, purchase, extension, repair and renovation of their homes. It also provides loans to professionals for office premises.
