Shares of Bajaj Consumer Care slipped as much as 8 per cent to Rs 140 apiece on the BSE on Friday after the company reported a 61 per cent decline in its consolidated net profit at Rs 23.29 crore for the fourth quarter ended March 2020. The company had posted a profit of Rs 59.82 crore during the January-March quarter of the previous fiscal.
At 09:44 am, the stock was trading over 5 per cent lower at Rs 144.20. In comparison, the benchmark S&P BSE Sensex was trading flat at 34,175.53, down 32.5 points or 0.10 per cent.
The stock