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Realty sector bounces back, up 12% in tdy's trade
Published on Wed, Jul 02, 2008 at 16:14 , Updated at Thu, Jul 03, 2008 at 10:20
Source : moneycontrol.com
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Markets rebounded sharply in late trade, bulls kept bears completely under control. Nifty and Sensex have bounced back above 4100 and 13500 levels. Realty sector was up more than 12% in today’s trade. It was one of the most beaten sector over past few months, which was down more than 70% from its life high. Most of the stocks were up between 5% to 20% in today’s trading session. The rally was lead by front-runner stocks like HDIL which was up 20%, followed by Peninsula land, Akruti City, which were also up 20%. The other stocks like Sobha Developers, Omaxe, Pravankara, which were up in range of 6% to 9%. DLF was up 14%. The management has announced board meet on July 10 to consider Buyback. The stock touched an intra day high of Rs 439 or 18%.
Name Open Last Prc Prev Cl Change % Change Sobha Developer 271.00 279.50 263.15 16.35 6.21 Puravankara Pro 167.00 177.25 165.50 11.75 7.1 Unitech 159.60 171.05 159.60 11.45 7.17 Indiabulls Real 252.20 284.60 250.45 34.15 13.64 DLF 370.00 422.70 368.40 54.30 14.74 Peninsula Land 49.00 57.60 49.30 8.30 16.84 HDIL 339.90 403.90 337.95 65.95 19.51 Peninsula Land 49.00 59.00 49.30 9.70 19.68 Akruti City 680.00 800.00 666.70 133.30 19.99 Ansal Housing 90.00 100.00 95.45 4.55 4.77 Parsvnath 116.00 121.00 115.05 5.95 5.17 Anant Raj Ind 124.55 134.00 125.05 8.95 7.16 Omaxe 122.00 131.45 120.00 11.45 9.54 |
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