Mumbai based Housing Development and Infrastructure’s (HDIL)
net profit rose 177 percent year-on-year to Rs 158.6 crore in the second
quarter of current financial year.
Total income too grew quite strongly (63 percent) to Rs 246
crore from Rs 151 crore during the same period.
Other income increased significantly (69%) to Rs 59.1 crore
in the three months period ended September 2012 from Rs 35 crore in the
corresponding quarter of last fiscal.
At 13:14 hours IST, the stock gained 0.5 percent to Rs
106.25 on the Bombay Stock Exchange. The share price rose 2 percent initially
when the results announced but later on it saw somewhat profit booking.
Source: www.moneycontrol.com
Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd
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