Shares of FMCG major Procter & Gamble Hygiene & Health Care today plunged by about 10 per cent on the Bombay Stock Exchange after the company reported a sharp decline in its June quarter profit.
Shares of the company plunged 9.64 per cent to hit a month low of Rs 2,000 on BSE in early trade. It was later quoting at Rs 2,140.10, down 3.31 per cent.
The scrip fell by 3.24 per cent to trade at Rs 2,150 on the National Stock Exchange.
Procter & Gamble Hygiene & Health Care (PGHHCL) has reported a decline of 78.85 per cent in its net profit to Rs 10.1 crore for the quarter ended June 30, 2010.
Meanwhile, the broader market Sensex was trading higher by 134.75 points at 18,391.87.