Its net loss stood at Rs 29.81 crore in the year-ago period.
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The deal is subject to the approval of regulatory authorities of SEZ, Greater Noida Industrial Development Authority, and the Ministry of Commerce.
Nomura Singapore Limited sold 1,011,776 shares of Ansal Properties at Rs 20.17 per share onn the NSE.
On April 5, 2017 QVT Mauritius West Fund sold 22,68,750 shares of Ansal Properties.
Sobha, Mphasis, Sun TV, IFCI, Ashok Leyland, Tata Power, Brila Corp, Reliance Infra, Bharat Forge, Ansal Properties, Spice Mobility, JHS Svengaard Labs, Swaraj Automotives, MTNL, Patel Integrated Logistics, Vakrangee, Gujarat NRE Coke, Time Technoplast, Sumeet Ind, Lanco Infra, Sterlite Tech, Borosil, Sintex,
Company to focus on high growth markets like NCR and other North Indian states. It plans to accelerate cash flow by selling assets from the finished stock sales.
Here's how small cap stocks opened on November 21
Ansal Properties feels that demand may see a boost on the back of festive season going forward. However, prices may not see a reduction as input costs are high and supply needs to improve, Dinesh Gupta, COO of Ansal Properties told CNBC-TV18.
In an interview to CNBC-TV18, Dinesh Gupta, COO of Ansal Properties and Gulam Zia, ED of Knight Frank spoke about the outlook for the real estate market.
Real estate stocks gained quite smartly after P Chidambaram on slew of measures to boost real estate sector.
Dinesh Gupta, COO, Ansal Properties announced a target of achieving 4 million sqft in pre-sales in Q4. Speaking to CNBC-TV18 after the announcement of quarterly results, he adds that the company is on track to meet a target of 20 million sqft for FY13.
Bull's Eye, CNBC-TV18's popular game show, where market experts come together to dish out trading strategies for you to make your week more exciting and compete with each other to see whose portfolio is the strongest.
Ansal Properties was up almost 8.5 percent today, reacting to a good December operational performance that they have reported. In an interview to CNBC-TV18, Dinesh Gupta, COO of Ansal Properties spoke about the expectations in 2013 and the challenges ahead.
Dinesh Gupta, COO, Ansal Properties explains to CNBC-TV18 that the sales reversal, which impacted the top-line by about Rs 80 crore and the bottom-line by about Rs 70 crore, was caused by forced receipt of 13 acres due to the inability to resolve the disagreement with the purchaser.
Despite slowing sales in June, Dinesh Gupta, COO of Ansal Properties holds their FY13 sales guidance at 18 million sq feet. The strategy of moving from plotted development to the built-up segment is leading to the reduction in sales volumes, explains Gupta.
Dinesh Gupta, COO of Ansal Properties said that despite the figures showing a sharp fall in area sales, it is not a sign of worry. He explains, the beginning of the year, April to May, is generally slower and sales pick up during the course of the year.
Many a times you will find managements boasting about revenue growth in their respective companies' annual reports. Looking at annual reports of many companies during the high growth period a few years ago, you would have been astonished by the growth numbers.
Dinesh Gupta, chief operating officer, Ansal Properties told CNBC-TV18 that some extraordinary events have led to losses.
Gammon Infra | Ansal Properties | Cairn | Gayatri Projects | SAIL | Tech Mahindra | ACC and Ambuja Cements are stocks, which are in the news today.
SP Tulsian of sptulsian.com spoke to CNBC-TV18 about certain stocks and sectors that have seen movement over the past few days. Check out his take…
Dinesh Gupta, chief operating officer of Ansal Properties, tells CNBC-TV18 that they have identified 5-6 million square feet across various townships which can be used for large format retail.
Even though property sales halved on a year-on-year basis, Dinesh Gupta, chief operating officer of Ansal Properties is not too worried about meeting their FY12 guidance.
Dinesh Gupta, chief operating officer, Ansal Properties tells CNBC-TV18 that though sales figures are seen going down in Q2 for the company, realisations are up on account of vertical expansion catering to different asset classes.
Dinesh Gupta, chief operating officer of Ansal Properties joins CNBC-TV18 to opine on the way ahead for his company and the sector.