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GEECEE
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Recent events
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News
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Corporate Actions
India's GeeCee Ventures gains on Q3 earnings boost
** Shares of GeeCee Ventures GECE.NS rise as much as 12.7% to 465 rupees, highest since Dec. 3
** Real estate developer posts two-fold Y/Y surge in Q3 consol net profit to 195.1 mln rupees ($2.2 mln); rev from ops up nearly twenty-one fold to 477 mln rupees
** More than 102,400 shares traded, 10.4x its 30-day avg; set for most active trading session in 2 months
** Stock surged 91% in 2024
($1 = 87.1880 Indian rupees)
(Reporting by Ashna Teresa Britto in Bengaluru)
(([email protected] ; ( +91 8078332441))
** Shares of GeeCee Ventures GECE.NS rise as much as 12.7% to 465 rupees, highest since Dec. 3
** Real estate developer posts two-fold Y/Y surge in Q3 consol net profit to 195.1 mln rupees ($2.2 mln); rev from ops up nearly twenty-one fold to 477 mln rupees
** More than 102,400 shares traded, 10.4x its 30-day avg; set for most active trading session in 2 months
** Stock surged 91% in 2024
($1 = 87.1880 Indian rupees)
(Reporting by Ashna Teresa Britto in Bengaluru)
(([email protected] ; ( +91 8078332441))
Geecee Ventures Says No Objection Certificate Received From RBI For Proposed Merger Of GeeCee Fincap With Co
Sept 1 (Reuters) - GeeCee Ventures Ltd GECE.NS:
NO OBJECTION CERTIFICATE RECEIVED FROM RBI FOR PROPOSED MERGER OF GEECEE FINCAP WITH CO
Source text for Eikon: ID:nNSE9p9cQ
Further company coverage: GECE.NS
(([email protected];))
Sept 1 (Reuters) - GeeCee Ventures Ltd GECE.NS:
NO OBJECTION CERTIFICATE RECEIVED FROM RBI FOR PROPOSED MERGER OF GEECEE FINCAP WITH CO
Source text for Eikon: ID:nNSE9p9cQ
Further company coverage: GECE.NS
(([email protected];))
Geecee Ventures Final Dividend 2 Rupees Per Share
May 26 (Reuters) - GeeCee Ventures Ltd GECE.NS:
FINAL DIVIDEND 2 RUPEES PER SHARE
Source text for Eikon: [ID:]
Further company coverage: GECE.NS
(([email protected];))
May 26 (Reuters) - GeeCee Ventures Ltd GECE.NS:
FINAL DIVIDEND 2 RUPEES PER SHARE
Source text for Eikon: [ID:]
Further company coverage: GECE.NS
(([email protected];))
Geecee Ventures To Appeal Against Income Tax Assessment Order Amounting To 126.1 Million Rupees For Assessment Year 2016-17
May 23 (Reuters) - GeeCee Ventures Ltd GECE.NS:
GOT INCOME TAX ASSESSMENT ORDER AMOUNTING TO 126.1 MILLION RUPEES FOR ASSESSMENT YEAR 2016-17
IN PROCESS OF FILING APPEAL WITH APELLATE AUTHORITY AGAINST ORDER
Further company coverage: GECE.NS
(([email protected];))
May 23 (Reuters) - GeeCee Ventures Ltd GECE.NS:
GOT INCOME TAX ASSESSMENT ORDER AMOUNTING TO 126.1 MILLION RUPEES FOR ASSESSMENT YEAR 2016-17
IN PROCESS OF FILING APPEAL WITH APELLATE AUTHORITY AGAINST ORDER
Further company coverage: GECE.NS
(([email protected];))
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Popular questions
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What does GeeCee Ventures do?
GeeCee Ventures Limited, formerly focused on specialty chemicals, now engages in real estate, investments, and wind power generation after selling its manufacturing unit to Lanxess AG.
Who are the competitors of GeeCee Ventures?
GeeCee Ventures major competitors are Peninsula Land, Ritesh Properties, Mac Charles (India), Eldeco Housing & Ind, Parsvnath Developers, Emami Realty, Prozone Realty. Market Cap of GeeCee Ventures is ₹825 Crs. While the median market cap of its peers are ₹732 Crs.
Is GeeCee Ventures financially stable compared to its competitors?
GeeCee Ventures seems to be financially stable compared to its competitors. The probability of it going bankrupt or facing a financial crunch seem to be lower than its immediate competitors.
Does GeeCee Ventures pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. GeeCee Ventures latest dividend payout ratio is 11.23% and 3yr average dividend payout ratio is 23.6%
How has GeeCee Ventures allocated its funds?
Companies resources are allocated to majorly unproductive assets like Cash & Short Term Investments, Inventory
How strong is GeeCee Ventures balance sheet?
Balance sheet of GeeCee Ventures is strong. It shouldn't have solvency or liquidity issues.
Is the profitablity of GeeCee Ventures improving?
Yes, profit is increasing. The profit of GeeCee Ventures is ₹60.76 Crs for TTM, ₹37.25 Crs for Mar 2024 and ₹11.63 Crs for Mar 2023.
Is the debt of GeeCee Ventures increasing or decreasing?
The debt of GeeCee Ventures is decreasing. Latest debt of GeeCee Ventures is -₹171.21 Crs as of Sep-24. This is less than Mar-24 when it was -₹153.46 Crs.
Is GeeCee Ventures stock expensive?
GeeCee Ventures is not expensive. Latest PE of GeeCee Ventures is 13.57, while 3 year average PE is 46.33. Also latest EV/EBITDA of GeeCee Ventures is 8.32 while 3yr average is 54.05.
Has the share price of GeeCee Ventures grown faster than its competition?
GeeCee Ventures has given better returns compared to its competitors. GeeCee Ventures has grown at ~22.74% over the last 10yrs while peers have grown at a median rate of 12.16%
Is the promoter bullish about GeeCee Ventures?
Promoters stake in the company seems stable, and we need to go through filings and allocation of resources to gauge promoter bullishness. Latest quarter promoter holding in GeeCee Ventures is 67.71% and last quarter promoter holding is 67.71%.
Are mutual funds buying/selling GeeCee Ventures?
There is Insufficient data to gauge this.