Walchandnagar Industries tumbled 5.03% to Rs 254.90 at 14:24 IST on BSE after the company reported a net loss of Rs 25.66 crore in Q1 December 2014 as against net loss of Rs 33.30 crore in Q1 December 2013.
The Q1 result was announced after market hours on Friday, 13 February 2015.
Meanwhile, the S&P BSE Sensex was up 142.71 points or 0.49% at 29,237.64.
On BSE, so far 2.19 lakh shares were traded in the counter as against average daily volume of 3.47 lakh shares in the past one quarter.
The stock hit a high of Rs 265 and a low of Rs 246.90 so far during the day. The stock had hit a 52-week low of Rs 53.60 on 17 February 2014. The stock had hit a 52-week high of Rs 282 on 12 February 2015.
The stock had outperformed the market over the past one month till 13 February 2015, surging 16.27% compared with Sensex's 6.09% rise. The scrip had also outperformed the market in past one quarter, jumping 88.81% as against Sensex's 4.13% rise.
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The small-cap company has equity capital of Rs 7.61 crore. Face value per share is Rs 2.
Walchandnagar Industries' net sales rose 13% to Rs 162.45 crore in Q1 December 2014 over Q1 December 2013.
Walchandnagar Industries is engaged in engineering, fabrication and manufacture of machineries for sugar plants, cement plants and boilers, heavy duty gears, mineral processing, special and general engineering equipments.
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