Thirumalai Chemicals lost 4.53% to Rs 889.60 at 10:42 IST on BSE after consolidated net profit fell 22% to Rs 18.35 crore on 27.8% growth in net sales to Rs 310.53 crore in Q4 March 2017 over Q4 March 2016.
The result was announced on Saturday, 20 May 2017.Meanwhile, the S&P BSE Sensex was up 124.26 points or 0.41% at 30,589.18. The S&P BSE Small-Cap index was down 6.62 points or 0.04% at 15,220.45.
On the BSE, 13,000 shares were traded on the counter so far as against the average daily volumes of 16,627 shares in the past one quarter. The stock had hit a high of Rs 940 and a low of Rs 874.20 so far during the day.
The stock had hit a record high of Rs 1,010 on 4 May 2017 and a 52-week low of Rs 235.05 on 31 May 2016. It had outperformed the market over the past one month till 19 May 2017, advancing 8.12% compared with the Sensex's 3.85% rise. The scrip had also outperformed the market over the past one quarter, gaining 9.46% as against the Sensex's 7.01% rise.
The small-cap company has equity capital of Rs 10.24 crore. Face value per share is Rs 10.
Thirumalai Chemicals' board at its meeting held on 20 May 2017, recommended a dividend of Rs 18.75 per share for the year ended March 2017.
Thirumalai Chemicals is engaged in the manufacture of chemical products and its intermediaries. It is also engaged in wind power generation.
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