TRF slumped 6.84% to Rs 207.80 at 14:48 IST on BSE, with the stock sliding on profit booking after recent rally.
Meanwhile, the S&P BSE Sensex was down 188.01 points, or 0.6% at 31,336.67. The S&P BSE Small-Cap index was down 92.10 points, or 0.59% at 15,525.85.
On the BSE, 10,000 shares were traded on the counter so far as against the average daily volumes of 20,244 shares in the past one quarter. The stock had hit a high of Rs 223.25 and a low of Rs 206 so far during the day. The stock had hit a 52-week high of Rs 314.80 on 22 August 2016 and a 52-week low of Rs 181 on 9 November 2016.
The stock had underperformed the market over the past one month till 18 August 2017, declining 5.55% compared with the Sensex's 0.59% fall. The scrip had also underperformed the market over the past one quarter declining 10.74% as against the Sensex's 3.58% rise. The scrip had also underperformed the market over the past one year declining 24.3% as against the Sensex's 12.09% rise.
The small-cap company has equity capital of Rs 11 crore. Face value per share is Rs 10.
Shares TRF had rallied 15.39% in the preceding four trading sessions to settle at Rs 223.05 on Friday, 18 August 2017, from its close of Rs 193.30 on 11 August 2017.
TRF reported consolidated net loss of Rs 9.15 core in Q1 June 2017, compared with net profit of Rs 8.59 crore in Q1 June 2016. Net Sales rose 0.2% to Rs 243.17 crore in Q1 June 2017 over Q1 June 2016.
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TRF is engaged in the production of material handling equipment. The Company segments include Products & Services, and Projects & Services.
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