Ador Welding lost 3.38% to Rs 386.50 at 10:47 IST on BSE after the company reported net loss of Rs 0.07 crore in Q1 June 2017 as compared with net profit of Rs 1.19 crore in Q1 June 2016.
The announcement was made after market hours yesterday, 30 August 2017.Meanwhile, the S&P BSE Sensex was down 54.98 points, or 0.17% to 31,591.48. The S&P BSE Small-Cap index was up 52.78 points, or 0.33% to 15,920.52.
On BSE, 637 shares were traded in the counter as against average daily volume of 4,053 shares in the past one quarter. The stock hit a high of Rs 392 and a low of Rs 374.95 so far during the day. The stock had hit a 52-week high of Rs 418.50 on 14 July 2017. The stock hit a 52-week low of Rs 256 on 29 September 2016.
The stock had outperformed the market over the past one month till 30 August 2017, rising 2.24% compared with 2.85% decline in the Sensex. The scrip had also outperformed the market in past one quarter, gaining 24.36% as against Sensex's 1.63% rise. The scrip had also outperformed the market in past one year, surging 35.96% as against Sensex's 11.23% rise.
The company has an equity capital of Rs 13.60 crore. Face value per share is Rs 10.
Ador Welding's total revenue rose 10.76% to Rs 97.08 crore in Q1 June 2017 over Q1 June 2016.
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Ador Welding is into the manufacture of welding consumables, and its project engineering division offers customized solution and products that meet stringent industrial codes and standards apart from welding equipment.
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