Ansal Buildwell plunges on reporting 17.03% fall in Q4 net profit

Ansal Buildwell is currently trading at Rs. 39.90, down by 2.05 points or 4.89% from its previous closing of Rs. 41.95 on the BSE.

The scrip opened at Rs. 37.05 and has touched a high and low of Rs. 43.00 and Rs. 37.05 respectively. So far 2258 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 55.20 on 15-Feb-2012 and a 52 week low of Rs. 30.00 on 21-Dec-2011.

Last one week high and low of the scrip stood at Rs. 43.00 and Rs. 37.00 respectively. The current market cap of the company is Rs. 29.46 crore.

The promoters holding in the company stood at 54.82% while Institutions and Non-Institutions held 0.04% and 45.14% respectively.

Ansal Buildwell has reported results for fourth quarter ended March 31, 2012.

The company has posted a fall of 17.03% in its net profit at Rs 2.29 crore for the quarter ended March 31, 2012 as compared to Rs 2.76 crore for the same quarter in the previous year.  Total income has decreased by 7.05% at Rs 34.39 crore for quarter under review as compared Rs 37.00 crore for the quarter ended March 31, 2011.