Umang Dairies tumbled 5.45% to Rs 59.80 at 11:05 IST on BSE after net profit remained unchanged at Rs 3.57 crore in Q4 March 2015, same as in Q4 March 2014.
The Q4 result was announced after market hours yesterday, 13 May 2015.
Meanwhile, the S&P BSE Sensex was down 135.39 points or 0.5% at 27,115.71.
On BSE, so far 21,000 shares were traded in the counter as against average daily volume of 25,673 shares in the past one quarter.
The stock hit a high of Rs 64 and a low of Rs 59.10 so far during the day. The stock had hit a 52-week low of Rs 33.50 on 13 May 2014. The stock had hit a record high of Rs 83.60 on 15 April 2015.
The stock had underperformed the market over the past one month till 13 May 2015, sliding 18.6% compared with Sensex's 6.17% fall. The scrip had also outperformed the market in past one quarter, advancing 4.55% as against Sensex's 6.34% fall.
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The small-cap company has equity capital of Rs 11 crore. Face value per share is Rs 5.
Umang Dairies' net sales declined 23.1% to Rs 67.01 crore in Q4 March 2015 over Q4 March 2014.
Umang Dairies is a dairy product manufacturing company. It produces and markets skimmed milk powder, butter, pure ghee, varieties of dairy whiteners and premixes compatible with tea & coffee vending machines and liquid milk in poly pouches for retail and institutional customers.
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