Ganesh Housing Shares Soars 47% in 5 Days after Q3 result FY24

Ganesh Housing Corporation has witnessed a growth in the share price in the past five days, Ganesh Housing shares price soars to ₹663.60. The company has been dealing in real estate properties in Gujarat since 1965. The stock made around 47% growth in the past five days. While, Ganesh Housing was among the top performers, with around 30% growth in the share price on Saturday’s trade session. The company releases its Q3 results leading to an upsurge in the shares of the company. Following are details about Ganesh Housing Corp Ltd.’s shares performance in the past five days and its expected growth.

Ganesh Housing Shares Soars 47% in 5 Days after Q3 result FY24

Ganesh Housing Share leads to an upsurge with the release of its Q3 performance. The company led to a profit after tax of Rs. 100.60 Crore. It is around 232% of YoY growth. The company made a revenue of ₹1833 Crores for the quarter. It is also an increase of 172% YoY basis. Ganesh Housing has an EBITDA of 75.6%. It increases by 510 bps.

Category Q3 2024 Results Percentage of Growth YoY
Revenue ₹1833 Crore 172% YoY
PAT (Proft After Tax) ₹100.60 Crore 232% YoY
EBITDA 75.6% Improve by 510 bps

The company performs well in the Q3 2024. The previous quarter also made good growth. The main reason behind the company’s growth is its increasing demand. The real estate segment has made tremendous growth over the past few years. 2023 has been among the best-performing years for real estate as well. It can be the main reason for the growth of the Ganesh Housing as well. It specializes in properties in Gujarat. Ganesh Housing provides houses and workspace options as well.

Games Shares have increased in the past few days. The company skyrocketed its shares in December month by almost 70%. The graph takes a J curve in the last four days. The mere four days of growth contribute to around 50%. With the maximum growth on Saturday at 30%. The market capitalization is 5.60 Thousand Crore. The 52 Week high is ₹612.75 while 52 week low is ₹262.10.

The market opens today at ₹524 and closes at ₹597. The previous close was ₹513.15. We hope you get enough details about Ganesh Housing Q3 2024 results and the share price above.

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