Somany Ceramics lost 4.3% to Rs 778.05 at 15:13 IST on BSE after net profit fell 29.05% to Rs 14.33 crore on 9.47% decline in total income to Rs 390.47 crore in Q3 December 2017 over Q3 December 2016.
The result was announced during market hours today, 30 January 2018.Meanwhile, the S&P BSE Sensex was down 255.85 points or 0.71% at 36,027.40. The S&P BSE Mid-Cap index declined 0.75%, underperforming the Sensex.
On the BSE, 6,404 shares were traded on the counter so far as against average daily volumes of 8,355 shares in the past one quarter. The stock had hit a high of Rs 816 and a low of Rs 766 so far during the day. The stock had hit a record high of Rs 973.80 on 5 January 2018 and a 52-week low of Rs 586.60 on 27 February 2017.
The stock had underperformed the market over the past one month till 29 January 2018, sliding 10.13% compared with the Sensex's 6.54% rise. The stock had also underperformed the market over the past one quarter, declining 1.39% as against the Sensex's 9.43% rise. The scrip had, however, outperformed the market over the past one year, surging 34.82% as against the Sensex's 30.13% rise.
The mid-cap company has equity capital of Rs 8.48 crore. Face value per share is Rs 2.
Somany Ceramics is a manufacturer of ceramic tiles and allied products.
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