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TTK Prestige slips after weak Q2 results

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Capital Market
Last Updated : Oct 13 2014 | 2:32 PM IST

TTK Prestige rose 2.22% to Rs 3,906 at 14:01 IST on BSE after net profit fell 7.66% to Rs 27.98 crore on 10.02% increase in total income to Rs 383.06 crore in Q2 September 2014 over Q2 September 2013.

The result was announced during trading hours today, 13 October 2014.

Meanwhile, the BSE Sensex was down 48.49 points, or 0.18%, to 26,248.89.

On BSE, so far 11,000 shares were traded in the counter, compared with an average volume of 2,428 shares in the past one quarter.

The stock hit a high of Rs 4,076 and a low of Rs 3,886.70 so far during the day. The stock hit a record high of Rs 4,830 on 28 August 2014. The stock hit a 52-week low of Rs 2,700 on 18 March 2014.

The stock had underperformed the market over the past one month till 10 October 2014, falling 9.45% compared with 2.81% fall in the Sensex. The scrip had, however, outperformed the market in past one quarter, rising 12.53% as against Sensex's 3.64% rise.

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The mid-cap company has an equity capital of Rs 11.64 crore. Face value per share is Rs 10.

TTK Prestige is India's largest kitchen appliances company.

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First Published: Oct 13 2014 | 2:02 PM IST

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