Wednesday, May 21, 2008

Kamanwala Housing Construction Ltd to recommend bonus shares

Kamanwala Housing Construction Ltd informed the market that on the meeting thats going to be held on May 27, 2008, they are going to decide on


1. To finalize the Accounts for the Financial Year ended March 31, 2008.

2. To recommend Dividend. The Board had recommended 20% Dividend for the F.Y. 2006-07; and

3. To recommend issue of Bonus Shares.


Some Facts about its results.

>Equity is Rs 5.65 crore.
>Face value per share is Rs 10.
>The current price of Rs 149.10 is just PE multiple of 2.24 with respect to 66 EPS.
>Kamanwala Housing Construction’s net profit rose 84.9% to Rs 9.41 crore on 120% rise in net sales to Rs 28.51 crore in Q4 March 2008 over Q4 March 2007.

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