The stock has crashed over 10% to a low of Rs 391. The stock finally ended with a huge loss of 10.6% at Rs 395. The counter has clocked a volume of 1.9 million on the BSE today.
UPDATED AT 1047 hrs
Aban Offshore declined for the second day in a row on reporting loss in Q4.
The company recorded a consolidated net loss of Rs 93.04 crore, whereas it had a net profit of Rs 33.92 crore in the same quarter last fiscal.
The stock has shed nearly 5% at Rs 421. It opened at Rs 421 and touched a high of Rs 437 before slipping to a low of Rs 414. The counter has clocked a volume of 531,300 shares so far on the BSE.
Yesterday too, the stock declined over 9% to Rs 442.
