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ALSTOM India drops after poor Q2 numbers

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ALSTOM India lost 2.07% to Rs 350.15 at 10:13 IST on BSE after net profit fell 49% to Rs 27.84 crore on 20.2% decline in net sales to Rs 590.04 crore in Q2 September 2013 over Q2 September 2012.

The Q2 result was announced after market hours on Tuesday, 29 October 2013.

Meanwhile, the S&P BSE Sensex was up 52.35 points or 0.25% at 20,981.36.

On BSE, 1,110 shares were traded in the counter as against average daily volume of 4,279 shares in the past one quarter.

The stock hit a high of Rs 355.85 and a low of Rs 346.65 so far during the day. The stock had hit a 52-week high of Rs 433 on 29 November 2012. The stock had hit a 52-week low of Rs 285 on 6 August 2013.

 

The stock had underperformed the market over the past one month till 29 October 2013, advancing 4.18% compared with the Sensex's 6.09% rise. The scrip had, however, outperformed the market in past one quarter, jumping 10.54% as against Sensex's 6.82% rise.

The small-cap company has equity capital of Rs 67.23 crore. Face value per share is Rs 10.

ALSTOM India provides engineering, manufacturing, project management and supply of products and solutions for infrastructure sector.

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First Published: Oct 30 2013 | 10:12 AM IST

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