HB Estate Developers Karan Gupta as Manager appointed
HB Estate Developers (HBESD) said Karan Gupta as Manager has been appointed. The company is valued at about ₹177 crore.
What happened
HB Estate Developers (HBESD) told the exchanges on 5 November 2026 at 02:08 PM that Karan Gupta as Manager has been appointed.
Company snapshot
HB Estate Developers is a micro-cap company, with a market value of about ₹177 crore.
The stock last traded at ₹76.98, against a 52-week range of ₹60.26–₹95.9 (19.7% below the high).
Before this filing the shares had moved +18.2% over the month and +3.7% over three months. Average daily turnover over the last 20 sessions was about ₹0.09 crore.
Promoters held 67.74% at the end of Q1 FY27, up 0.33% points from the previous quarter.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q1 FY26 | 24 | 0.4 | 0.18 |
| Q2 FY26 | 27 | 1.3 | 0.59 |
| Q3 FY26 | 33 | 6.5 | 2.98 |
| Q4 FY26 | 33 | 3.6 | 1.54 |
| Q1 FY27 | 28 | 1.5 | 0.67 |
What history shows
BCEIE's records show 3 previous management change filings from the company since May 2026.
After those filings, the stock fell 1.1% on average the next trading day and was up 0.7% on average after five days (3 filings with price data).
Market-wide, 4,282 management change filings with an impact score of 50 or more saw an average next-day move of −0.1%, with 44% rising.
Past reactions describe what happened before; they are not a forecast.
| Date | Filing | Next day | 5 days |
|---|---|---|---|
| 24 Aug 2026 | Management change | −0.9% | −0.3% |
| 24 Aug 2026 | Management change | −0.9% | −0.3% |
| 29 May 2026 | Management change | −1.6% | +2.7% |
What to watch
- The appointment of a successor and any change in strategy or guidance.
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.