Taj GVK Hotels & Resorts fell 4.1% to Rs 66.65 at 10:57 IST on BSE after the company reported net loss of Rs 0.37 crore in Q4 March 2015 compared with net profit of Rs 4.93 crore in Q4 March 2014.
The Q4 result was announced after market hours yesterday, 11 May 2015.
Meanwhile, the S&P BSE Sensex was down 436.35 points or 1.59% at 27,076.39.
On BSE, so far 870 shares were traded in the counter as against average daily volume of 8,327 shares in the past one quarter.
The stock hit a high of Rs 66.95 and a low of Rs 65.70 so far during the day. The stock had hit a 52-week low of Rs 65.05 on 12 May 2014. The stock had hit a 52-week high of Rs 128 on 28 August 2014.
The stock had underperformed the market over the past one month till 11 May 2015, declining 7.27% compared with Sensex's 4.75% fall. The scrip had also underperformed the market in past one quarter, sliding 8.73% as against Sensex's 3.6% fall.
More From This Section
The small-cap company has equity capital of Rs 12.54 crore. Face value per share is Rs 2.
Taj GVK Hotels & Resorts' net sales rose 5.5% to Rs 68.62 crore in Q4 March 2015 over Q4 March 2014.
Taj GVK Hotels & Resorts owns and operates five star hotels in Hyderabad, Chennai and Chandigarh.
Powered by Capital Market - Live News