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Kokuyo Camlin nosedives after reverse turnaround in Q1

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Capital Market
Last Updated : Aug 04 2017 | 10:02 AM IST

Kokuyo Camlin lost 8.83% to Rs 96.05 at 09:31 IST on BSE after the company reported net loss of Rs 1.26 crore in Q1 June 2017, as compared with net profit of Rs 4.70 crore in Q1 June 2016.

The result was announced after market hours yesterday, 3 August 2017.

Meanwhile, the S&P BSE Sensex was down 40.55 points, or 0.13%, to 32,197.33.

On BSE, 62,000 shares were traded in the counter, compared with average daily volume of 40,407 shares in the past one quarter. The stock hit a high of Rs 102.90 and a low of Rs 95.45 so far during the day. The stock hit a 52-week high of Rs 119.80 on 10 July 2017. The stock hit a 52-week low of Rs 75 on 16 August 2016.

The small-cap company has equity capital of Rs 10.03 crore. Face value per share is Re 1.

Kokuyo Camlin's total income fell 12.48% to Rs 164.26 crore in Q1 June 2017 over Q1 June 2016.

Kokuyo Camlin makes stationery and colour products.

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First Published: Aug 04 2017 | 9:39 AM IST

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