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Hawkins Cookers tumbles after weak Q1 numbers

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Capital Market
Last Updated : Aug 02 2017 | 2:47 PM IST

Hawkins Cookers slumped 5.64% to Rs 2,802.05 at 14:20 IST on BSE after net profit fell 55.68% to Rs 4.57 crore on 13.3% decrease in total revenue to Rs 87 crore in Q1 June 2017 over Q1 June 2016.

The result was announced during market hours today, 2 August 2017.

Meanwhile, the S&P BSE Sensex was down 50.09 points, or 0.15% at 32,525.08. The S&P BSE Small-Cap index was up 12.49 points, or 0.08% at 16,062.34.

On the BSE, 2,275 shares were traded on the counter so far as against the average daily volumes of 971 shares in the past one quarter. The stock had hit a high of Rs 2,980 and a low of Rs 2,801.55 so far during the day. The stock had hit a 52-week high of Rs 3,610 on 25 October 2016 and a 52-week low of Rs 2,500 on 23 December 2016.

The stock had underperformed the market over the past one month till 1 August 2017, advancing 0.61% compared with the Sensex's 5.35% rise. The scrip had also underperformed the market over the past one quarter declining 5.16% as against the Sensex's 8.88% rise. The scrip had also underperformed the market over the past one year advancing 11% as against the Sensex's 16.33% rise.

The small-cap company has equity capital of Rs 5.29 crore. Face value per share is Rs 10.

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Hawkins Cookers is the leader in the pressure cooker market in India and exports its products to various countries.

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First Published: Aug 02 2017 | 2:24 PM IST

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