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This Smallcap Housing Stock Reaches 52Week Low, Share Falls 13% In 6 Months


The share price of Poddar Housing reached its 52-weeks low level today in the initial trading hours. Till 11.10 am on the NSE, its share price stood at Rs. 158.50, but gains 2.49% than yesterday.

This Smallcap Housing Stock Reaches 52Week Low, Share Falls 13% In 6 Months

Poddar Housing - NSE market tracking

It is a small-cap company with a market capitalization of Rs. 100 crore. The 52-week high level of this stock is Rs. 313, and the 52-week low level of this stock is Rs. 147.05. In the past 6 months, its stock price has fallen by 13.29%, in the past 1 year its stock price has fallen by 7.45%. But, in the past 5 years, in long term, the stock's price has fallen sharply by 85%. However, from November 2021 to February 2022, its share price had gained sharply, from Rs. 163 to Rs. 300. In short term, this stock can be profitable, considering the real estate sector's growth and company policy developments.

Market capitalizationCurrent market price1-year share performance
Rs. 100 croreRs. 158.50-7.45%

In Q4 FY22, the company's Revenue from Operations stood at Rs. 1,993.63 lakh, as against Rs. 1,660.33 lakh in the previous quarter. The company's Other Income was reported at Rs. 38.91 lakh in Q4, as against Rs. 12.10 lakh in Q3 FY22.

About the company

Poddar Group has a heritage of 130 years. The Poddar family started this business in 1690, with successful footprints in textile manufacturing, automobile tyre manufacturing, steel, real estate, and education. Poddar Housing (PHDL) is a part of the Poddar Group. It has catered largely to the affordable housing spaces. The Company has delivered approximately 5,000 apartments in the last 7 years. The developments have covered the cities of Mumbai and Pune. With the aim to create reasonably priced standards of living, there have been recent developments of affordable housing projects for sale in Mumbai by the company. Therefore, the Group is also focusing on value housing segments in Mumbai within the MMRDA region, as the company informs.

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