Vijay Shanthi Builders builds on robust Q1 result

Vijay Shanthi Builders gained 1.17% to Rs 39 at 11:20 IST on BSE, after net profit jumped 319.51% to Rs 1.72 crore on 207.48% surge in net sales to Rs 26.32 crore in Q1 June 2010 over Q1 June 2009.

Chennai, Tamil Nadu, September 9, 2010 /India PRwire/ -- The company declared its results after market hours on Thursday, 5 August 2010. Meanwhile, the BSE Sensex was up 26.23 points, or 0.14% at 18,199.06.

On BSE, 8,176 shares were traded in the counter as against an average daily volume of 19,542 shares in the past one quarter.

The stock hit a high of Rs 40 and a low of Rs 39 so far during the day. The stock had hit a 52-week high of Rs 55.90 on 5 January 2010 and a 52-week low of Rs 22.50 on 13 August 2009.

The small-cap stock had outperformed the market over the past one month till 5 August 2010, gaining 15.94% as compared to the Sensex's return of 4.19%. It had underperformed the market in the past one quarter, declining 10.76% as compared to the Sensex's 6.35% rise.

The company has an equity capital of Rs 12.69 crore. Face value per share is Rs 10.

For more to know visit http://www.vijayshanthibuilders.com/

Notes to Editor

About Vijay Shanthi Builders

For over two decades, Chennai, South India's largest City has witnessed a dramatic transformation in it's people's lifestyle. We, at Vijay Shanthi have been privileged to play a constructive role in this mammoth evolutionary exercise. We are a professionally managed company that has placed client satisfaction above all else. We have a commitment to excellence that greets our customers at the doors of every Vijay Shanthi home, each day of the year.

Journalists and Bloggers
Visit India PRwire for Journalists for releases, photos, email alerts and customized feeds just for Media.

If you have any query regarding information in the press releases, please contact the company listed in the press release itself. Please do not call India PRwire, we will be unable to assist you with your inquiry.


Synchrony recent press release(s)


Vijay Shanthi Plans Rs 1000 Crore Residential Project

Chennai-based Vijay Shanthi Builders plans to invest around Rs 1,000 crore over the next two years in various residential projects. These include Chennai's costliest premium apartments, where each flat would cost around Rs 8 crore.

Vijay Shanthi Builders Enters Agreement for Rs 135 Crore Chennai Apartment Project

Vijay Shanthi Builders Ltd has announced that the Company entered in to agreement for a new project valued about 135 Crores in Chennai.

Best Home Coffee Machine - 3 Key Things to Know Before You Buy!

Ensuring you get the best home coffee machine for your home will be much easier if you consider these three key points.

Best packers and movers makes relocating easy

A leading name in the Packers and Movers Industry - your one-stop source for everything you need to make your move as organized and efficient as possible.