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Peninsula Land strengthens on reporting 3-fold rise in Q3 net profit

24 Jan 2013

Peninsula Land is currently trading at Rs. 71.40, up by 0.50 points or 0.71% from its previous closing of Rs. 70.90 on the BSE.

The scrip opened at Rs. 73.95 and has touched a high and low of Rs. 74.95 and Rs. 70.45 respectively. So far 215918 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 84.00 on 25-Oct-2012 and a 52 week low of Rs. 27.50 on 15-May-2012.

Last one week high and low of the scrip stood at Rs. 77.95 and Rs. 70.15 respectively. The current market cap of the company is Rs. 2024.21 crore.

The promoters holding in the company stood at 55.72% while Institutions and Non-Institutions held 24.97% and 19.31% respectively.

Peninsula Land Enterprises has reported results for third quarter ended December 31, 2012.

The company has posted over 3-fold rise its net profit at Rs 36.50 crore for the quarter as compared to Rs 10.52 crore for the same quarter in the previous year. Total income of the company also registered over three-fold rise at Rs 138.16 crore for quarter under review as compared to Rs 45.44 crore for the quarter ended December 31, 2011.

Peninsula Land is known for its concept-based architectures in the commercial, retail and residential sectors. The company is also known for its professional corporate management, international landmarks and value additions.

Related Peninsula Land Ltd. Links:

Peninsula Land Share Price

11.10 -0.39 (-3.39%) Oct 22, 18:01
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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323