Ashiana Housing Ltd - Operations Update for FY 2022-23

In the month of March'23, Ashiana Housing Ltd have crossed its annual booking value guidance of INR 1,100 crores for the year 2022-23. The total booking value for the year 2022-23 (upto 20th March'23) stands at INR 1,278.84 crores (area booked 25.21 Lakh sq. ft.).

The company have also received 351 Expression of Interest (EOIs) in phase 2 of "Ashiana Amarah" project at Gurugram (Haryana). This phase consists of 224 units (saleable area 3.77 lakhs sq. ft.) having tentative sale value of INR 290 crores. The conversion of EOI into booking will commence in April 2023.

The Phase 1 of "Ashiana Amarah" project comprising 224 units (sale value INR 242.6 crores) was launched and fully sold in October 2022 (intimated to NSE, and BSE on 10th October 2022).

Shares of Ashiana Housing Limited was last trading in BSE at Rs. 142.85 as compared to the previous close of Rs. 145.90. The total number of shares traded during the day was 720 in over 63 trades.

The stock hit an intraday high of Rs. 145.90 and intraday low of 142.35. The net turnover during the day was Rs. 103359.00.

Source : Equity Bulls

Keywords

AshianaHousing INE365D01021 Realty OperationsUpdate AnnualBookingValue Guidance FY2023