Kridhan Infra fell 3.28% to Rs 91.40 at 10:15 IST on BSE after consolidated net profit fell 7.42% to Rs 10.72 crore on 29.53% increase in total revenue to Rs 187.60 crore in Q1 June 2017 over Q1 June 2016.
The result was announced after market hours yesterday, 31 August 2017.
Meanwhile, the S&P BSE Sensex was up 132.15 points, or 0.42% at 31,862.64. The S&P BSE Small-Cap index was up 134.30 points, or 0.84% at 16,125.93.
On the BSE, 47,000 shares were traded on the counter so far as against the average daily volumes of 1.12 lakh shares in the past one quarter. The stock had hit a high of Rs 93.70 and a low of Rs 90.10 so far during the day. The stock had hit a 52-week high of Rs 98.80 on 31 August 2017 and a 52-week low of Rs 47.50 on 24 March 2017.
The stock had outperformed the market over the past one month till 31 August 2017, advancing 20% compared with the Sensex's 2.41% fall. The scrip had also outperformed the market over the past one quarter gaining 42.97% as against the Sensex's 1.88% rise. The scrip had also outperformed the market over the past one year advancing 27.88% as against the Sensex's 11.52% rise.
The small-cap company has equity capital of Rs 14.82 crore. Face value per share is Rs 2.
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Kridhan Infra operates as an engineering company, which provides pre-cut/bend bars coupler and threading solution. Its segments include India and outside India.
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