Meanwhile, the S&P BSE Sensex was down 392.68 points or 1.95% at 19,729.64.
On BSE, 18,000 shares were traded in the counter as against average daily volume of 69,235 shares in the past one quarter.
The stock hit a high of Rs 49 and a low of Rs 45.20 so far during the day. The stock had hit a 52-week low of Rs 40 on Saturday, 11 May 2013. The stock had hit a 52-week high of Rs 80.70 on 29 October 2012.
The stock had underperformed the market over the past one month till 11 May 2013, sliding 5.37% compared with the Sensex's 8.52% rally. The scrip had also underperformed the market in past one quarter, declining 14.01% as against Sensex's 3.4% gain.
The small-cap company has equity capital of Rs 51.42 crore. Face value per share is Rs 2.
Shares of KEC International had declined 10.28% in four trading sessions to settle at Rs 47.55 on Saturday, 11 May 2013, from a recent high of Rs 53 on 7 May 2013, after the company during trading hours on 8 May 2013, reported Q4 March 2013 results.
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KEC International reported consolidated net loss of Rs 13.93 crore in Q4 March 2013, as against net profit of Rs 74.42 crore in Q4 March 2012. Net sales rose 4% to Rs 2104.67 crore in Q4 March 2013 over Q4 March 2012.
KEC International's consolidated net profit declined 68.9% to Rs 65.04 crore on 20.2% growth in net sales to Rs 6854.19 crore in the year ended 31 March 2013 (FY 2013) over the year ended 31 March 2012 (FY 2012).
KEC International said its order book is robust and stands at Rs 9470 crore.
KEC International is a global infrastructure engineering, procurement and construction (EPC) major. It has presence in the verticals of power transmission, power systems, cables, railways, telecom and water. The company has powered infrastructure development in 48 countries across South Asia, Middle East, Africa, Central Asia and Americas. It is the flagship company of the RPG Group.
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