Bajaj Hindusthan surged 5.17% to Rs 20.35 at 14:15 IST on BSE after company reported net loss of Rs 131.14 crore in Q2 September 2014 lower than Rs 509.49 crore in Q2 September 2014.
The Q2 result was announced during market hours today, 12 November 2014.
Meanwhile, the S&P BSE Sensex was up 138.71 points or 0.5% at 28,045.74.
On BSE, so far 10.11 lakh shares were traded in the counter as against average daily volume of 4.62 lakh shares in the past one quarter.
The stock hit a high of Rs 21.05 and a low of Rs 19.45 so far during the day. The stock had hit a 52-week high of Rs 32.60 on 10 June 2014. The stock had hit a 52-week low of Rs 11.98 on 31 January 2014.
The stock had underperformed the market over the past one month till 11 November 2014, rising 6.03% compared with the Sensex's 6.13% rise. The scrip had also underperformed the market in past one quarter, falling 12.64% as against Sensex's 9.37% rise.
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The mid-cap sugar producer has an equity capital of Rs 63.94 crore. Face value per share is Re 1.
Bajaj Hindusthan's total income from operations (net) fell 11.03% to Rs 1184.82 crore in Q2 September 2014 over Q2 September 2013.
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