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.

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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.

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