India's Ganesh Housing Corp drops on weak quarterly earnings

Ganesh Housing

21/07/2025 08:42

** Shares of Ganesh Housing Corp GHFC.NS down 4% to 941.6 rupees; set for worst day since mid-May

** Real estate developer reported an 18% decline in April-June consol net profit, rev from ops dropped ~30%

** About 254,000 shares traded, volumes at 2.5x the 30-day avg

** Stock down 25% so far in 2025

 (Reporting by Manvi Pant in Bengaluru)

 ((Manvi.Pant@thomsonreuters.com; +918447554364;))