Tribhuvan Housing Record date for stock split

Tribhuvan Housing gained 1.42% to Rs 60.60 at 12:07 IST on BSE on setting record date for a 2-for-1 stock split.

The stock hit a high of Rs 62.70 and a low of Rs 56.85 so far during the day. The stock had a 52-week high of Rs 70.35 on 30 August 2007 and a 52-week low of Rs 18.25 on 26 March 2008.

The company’s current equity is Rs 5.01 crore. Face value per share is Rs 10.

The current price of Rs 60.60 discounts its Q3 December 2007 annualised EPS of Rs 0.16, by a PE multiple of 378.75.

Tribhuvan Housing has fixed 9 June 2008 as the record date for a 2-for-1 stock split. The company announced the record date during the trading hours today, 12 May 2008.

Tribhuvan Housing’s net profit declined 33.3% to Rs 0.02 crore on 91.1% increase in net sales to Rs 0.86 crore in Q3 December 2007 over Q3 December 2006.

Tribhuvan Housing is involved in the construction and sale of residential and commercial buildings and development of farmhouses.