Hinduja Ventures fell 5.26% to Rs 324.10 at 15:16 IST on BSE on profit booking after the stock rose 7.88% in the preceding five trading sessions to Rs 342.10 on 10 September 2014, from a recent low of Rs 317.10 on 3 September 2014.
Meanwhile, the BSE Sensex was down 36.91 points, or 0.14%, to 27,020.50.
On BSE, so far 18,000 shares were traded in the counter, compared with an average volume of 26,691 shares in the past one quarter.
The stock hit a high of Rs 330.65 and a low of Rs 324 so far during the day. The stock hit a 52-week high of Rs 383.90 on 7 July 2014. The stock hit a 52-week low of Rs 240 on 5 May 2014.
The stock had outperformed the market over the past one month till 10 September 2014, rising 9.37% compared with 6.82% rise in the Sensex. The scrip had also outperformed the market in past one quarter, rising 10.35% as against Sensex's 5.76% rise.
The small-cap company has an equity capital of Rs 20.55 crore. Face value per share is Rs 10.
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Net profit of Hinduja Ventures rose 18.14% to Rs 22.14 crore on 4.4% decline in total income to Rs 25.46 crore in Q1 June 2014 over Q1 June 2013.
Hinduja Ventures is the holding company of one of India's largest integrated media companies i.e. IndusInd Media & Communications.
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