The stock had underperformed the market over the past one month till Feb. 18, 2011, falling 16.98% compared with the Sensex`s 4.61% decline. It underperformed the market in past one quarter, declining 40.47% as against 8.63% fall in the Sensex.
Recently the company disclosed rise of 15.48% in standalone net profit on y-o-y basis to Rs 177.29 million, while total income rose 15.13% y-o-y basis to Rs 3.85 billion for the quarter ended December 2010.
Shares of Gayatri Projects gained Rs 0.3, or 0.13%, to trade at Rs 229.80. The total volume of shares traded was 2,036 at the BSE (10.29 a.m., Monday).