Opto Circuits (India) tumbled 9.84% to Rs 25.65 at 14:25 IST on BSE on high volumes.
Meanwhile, the S&P BSE Sensex was down 45.36 points, or 0.23%, to 19,805.87.
On BSE, 1.02 crore shares traded in the counter as against an average daily volume of 16.31 lakh shares in the past one quarter.
The Opto Circuits (India) counter witnessed immense volatility today, 17 July 2013. The stock surged as much as 14.76% to hit the day's high of Rs 32.65 in early trade. Then a sudden selling pressure emerged in the afternoon, which dragged the stock by 22.14% to hit the day's low of Rs 22.15.
The stock had hit a 52-week high of Rs 163.50 on 23 July 2012. The stock had hit a 52-week low of Rs 17.80 on 25 June 2013.
The volatility in the counter is evident since Monday, 17 July 2013, when the stock surged 34.51% to settle at Rs 30.60. It tumbled 7.03% to Rs 28.45 on Tuesday, 16 July 2013.
More From This Section
The stock had outperformed the market over the past one month till 16 July 2013, rising 27.29% compared with the Sensex's 3.51% rise. The scrip had, however, underperformed the market in past one quarter, sliding 54.37% as against Sensex's 5.90% rise.
The small-cap company has an equity capital of Rs 242.32 crore. Face value per share is Rs 10.
Opto Circuits (India)'s consolidated net profit fell 94.1% to Rs 12.30 crore on 31.1% decline in net sales to Rs 456.76 crore in Q4 March 2013 over Q4 March 2012.
Opto Circuits (India) is a vertically integrated multinational medical technology Group that specializes in primary, acute and critical care products for the global markets.
Powered by Capital Market - Live News