Tata Metaliks slumped 7.47% to Rs 137.40 at 11:34 IST on BSE after consolidated net profit from continuing operations fell 0.61% to Rs 19.51 crore in Q3 December 2014 over Q3 December 2013.
The Q3 result was announced after market hours yesterday, 22 January 2015.
Meanwhile, the S&P BSE Sensex was up 191.74 points or 0.66% at 29,197.76.
On BSE, so far 1.86 lakh shares were traded in the counter as against average daily volume of 1.02 lakh shares in the past two weeks.
The stock hit a high of Rs 148.50 and a low of Rs 136.20 so far during the day.
Tata Metaliks' total income from operations (net) to Rs 321.08 crore in Q3 December 2014 over Q3 December 2013.
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Tata Metaliks is a leading producer of foundry grade pig iron in the country.
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