Shares Homepage - BSE Sensex, NSE Nifty, Latest Prices, Live News, Company Search, Result Annoucements, Company News, Top stories, Gainers Losers, Top Performers, Market Commentary, Live Quotes, Bulk Deals
India's preferred Personal finance destination
Home Shares News Centre F&O Mutual Funds IPO Portfolio Commodity Loans Financial Planning Insurance About Us
Markets Companies Research Industries E-Mail Page
Wealth Tracker      Tax Corner NRI Centre Chat Masala Feedback
my Last 5 Scrips
Company BSE Price(Rs) % Chg
Bharti A 437.25 0.46
Tata Mot 167.50 0.15
Sun Phar 450.20 5.73
State Ba 328.70 0.48
Reliance 1547.05 2.47
Clear All Clear Last
Shares
NSE Live
Nifty Live Prices
Live Quotes
Top Gainers/Losers
Top 10 Turnover
No Delivery Stocks
BSE Live
BSE30 Live Prices
Live Quotes
Top Gainers/Losers
Top 10 Turnover
No Delivery Stocks
Market Pulse
Leaders
Laggards
FII Activity
Mutual Fund Activity
Meetings
Results Watch
Results Calendar
Results Announced
IPO Watch
Company
Snapshots
Quotes
Charts
Financials
Recent News
Broker Research
Meetings
Research Tutorial
Discussion Forum
Research
Research Reports
Sector Watch
Economy Watch
 
Ganesh Housing Corporation Limited
Sector:Const/Bldg Material Const/Bldg Material - Construction - Housing/Industrial
BSE:526367NSE:GANESHHOUCBloomberg:GHFC@INReuters:GHFC.BO
Market Lot: 1Face Value: 10ISIN Demat: INE460C01014
QuotesSnapshotChartsFinancialsResearchRecent News
Peer GroupAGM/AMMF HoldingDiscussion ForumBSE/NSE NoticesBSE/NSE Deals

 
14-Aug-2014
Business Profile
Ganesh Housing Corporation (GANESHSG) is engaged in the business of construction and real estate development in and around Ahmedabad. It was incorporated as a public limited company on June 13, 1991 and went public in November 1993. The company is part of the Ganesh Group, which has been in operation for more than four decades in the construction and real estate development business and created 16 million sq. ft. of residential space since its inception.

The ISO 9001:2000 certified company has completed residential projects like Ratnam, Maniratram, Maniratnam ? II, and Mahalaya and has completed the Rs 180 million mega project, International Pharma & Bio-tech Park, an industrial park for pharmaceutical and biotechnology companies in Ahmedabad. Some of the current residential projects include Maple County, Suyojan, Mahalaya ? II, Shangri-la and Shangri-la II.

The company has signed memorandum (MOU) of understanding agreements with the Government of Gujarat for setting up a special economic zone for IT and ITES called Million Minds, which will be a 13.5 million sq. ft. project in which 8 million sq. ft. will be business towers, 3.5 million sq. ft. will be residential development and 2 million sq. ft. will be utilized to construct a hospital, hotel, educational institutes, mall and other amenities. Another MOU is in place for establishing an integrated township under the banner of Smart City in and around Ahmedabad. Smart Homes come with digital security, solar passive architecture, and Wi-Fi enabled facilities. Sales representatives in Canada and USA cater to clients like the New York based Inter Pharma Inc.

The registered office is located at 1st Floor, Samudra, Off C.G. Road, Near Klassic Gold H. Ellisbridge, Ahmedabad-380006, Gujarat.


Financials
The company reported rise of 56.52% in standalone net profit on y-o-y basis to Rs 105.47 million, while total income increased 35.36% y-o-y basis to Rs 614.23 million for the quarter ended June 2014.

Recent Developments
21-JAN-14
HDFC Mutual Fund divested 0.79% stake in Ganesh Housing Corporation for Rs 18.59 million Monday. It sold 0.25 million shares at a price of Rs 72.

30-MAY-13
Ganesh Housing Corporation announced that its board of directors has recommended dividend of 14% or Rs 1.40 a share of Rs 10 each for the financial year 2012-2013.

27-DEC-11
Credit rating agency, ICRA has revised the rating assigned to the Rs 1.5 billion fund-based limits of Ganesh Housing Corporation (GHCL) from LBBB to BB+. The outlook on the long-term rating is negative.

28-JUN-10
Firstcall has recommended `Buy` on Ganesh Housing Corporation with a price target of Rs 203 as against the market price (CMP) of Rs 176 in its report dated Jun. 26, 2010.

09-APR-10
Firstcall has recommended `Buy` on Ganesh Housing Corporation with a price target of Rs 213 as against the market price (CMP) of Rs 185.50 in its report dated Apr. 08, 2010.



In Brief

 
Home | Shares | F&O | Mutual Funds | Loans | Insurance | News Centre
Wealth Tracker | Tax Corner | NRI Centre | Search in myiris | Advertise
All rights reserved. IRIS Business Services Limited
Disclaimer