Ansal Housing & Construction Ltd has announced that, on July 20, 2008 the Company launched a new Project named "Ansals Elegance", at Aavantika Extn. Ghaziabad (UP). This is a Group Housing Project at Aavantika Extn, Ghaziabad (UP).
The Group Housing project will have in-house amenities like Entrance Gate with Security, Community Hall, Pool and Kid's Pool, Club and Commercial, Convenient Shops, Entry to Lift Lobby, Tennis Court, Children Play area etc. The Company will now undertake all the development and marketing work of the project. The Project is expected to have a turnover of approx. 50 crores and will be completed in over 2 years approximately.
The stock closed the day at Rs.89.50, down by Rs.2.05 or 2.24%. The stock hit an intraday high of Rs.92.90 and low of Rs.89.
The total traded quantity was 3162 compared to 2 week average of 11238.
Source:Equitybulls.com July21st,2008.