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Essar Shipping slumps 13% on dip in profit

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BS Reporter Mumbai
Last Updated : Jan 20 2013 | 8:47 PM IST

The stock finally ended at Rs 64, down 13.4% from its previous close. Around 648,811 shares have been traded on the BSE.
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Updated at 1619 Hrs

Essar Shipping Ports & Logistics stock today opened at Rs 78. It then slipped to a low of Rs 59.

The stock is currently trading at Rs 66, down Rs 11%. Around 556,314 shares have been traded on the BSE so far.

According to a company press release, the net profit for FY09 has declined by 72% to Rs 77 crore as compared to Rs 263 cr in the previous fiscal.

Company's total operating income rose to Rs 2,602.86 crore as against Rs 2,040.53 crore in the same period ended March 2008.

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First Published: May 19 2009 | 4:16 PM IST

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