The stock tumbled to a low of Rs 514 and finally ended at Rs 523, down over 10%. The stock clocked a volume of 115,062 shares at the BSE counter.
Updated 1447 hrs
Aditya Birla Nuvo has plunged deep into red after the company reported higher losses in Q4.
The stock today opened at Rs 594 - down nearly Rs 9 from its previous close. The stock touched a high of Rs 610, and then plunged to a low of Rs 521.
Currently, the stock is trading at Rs 540, down over 7.5%. The counter has so far clocked a volume of 90,555 shares on the BSE.
According to a release issued by the company to the BSE, the firm suffered a net loss of Rs 141.15 crore for the quarter ended March 31, 2009 as compared to net loss of Rs 21.84 crore for the quarter ended March 31, 2008.
However,the total income has increased by 45.5% to Rs 4,275 crore from Rs 2937.08 crore in the same above mentiond period.
