Tamilnadu Petroproducts fell 3.47% to Rs 54.25 at 11:33 IST on BSE, with the stock sliding on profit booking after recent rally.
Meanwhile, the S&P BSE Sensex was up 159.63 points, or 0.51% at 31,405.19. The S&P BSE Small-Cap index was up 122.89 points, or 0.78% at 15,863.49.
On the BSE, 1.88 lakh shares were traded on the counter so far as against the average daily volumes of 1.64 lakh shares in the past one quarter. The stock had hit a high of Rs 56.05 and a low of Rs 53.40 so far during the day. The stock had hit a 52-week high of Rs 56.05 on 5 July 2017 and a 52-week low of Rs 20.30 on 4 August 2016.
The stock had outperformed the market over the past one month till 5 July 2017, advancing 40.68% compared with the Sensex's 0.2% fall. The scrip had also outperformed the market over the past one quarter advancing 22.04% as against the Sensex's 4.24% rise. The scrip had also outperformed the market over the past one year advancing 165.09% as against the Sensex's 15.01% rise.
The small-cap company has equity capital of Rs 89.97 crore. Face value per share is Rs 10.
Shares of Tamilnadu Petroproducts had rallied 38.25% in the preceding three trading sessions to settle at Rs 56.20 yesterday, 5 July 2017, from its close of Rs 40.65 on 30 June 2017.
Tamilnadu Petroproducts reported net loss of Rs 15.15 crore in Q4 March 2017, compared with net loss of Rs 9.26 crore in Q4 March 2016. Net sales rose 91% to Rs 248.42 crore in Q4 March 2017 over Q4 March 2016.
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Tamilnadu Petroproducts is engaged in the manufacturing and selling of petrochemical and chemical products, namely Linear Alkyl Benzene and Caustic Soda.
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