Astral Poly Technik lost 4.14% to Rs 524.05 at 10:52 IST on BSE after net profit declined 4.89% to Rs 27.78 crore on 29.04% growth in total income from operations to Rs 336.96 crore in Q4 March 2014 over Q4 March 2013.
The Q4 result was announced before market hours today, 5 May 2014.
Meanwhile, the S&P BSE Sensex was up 88.82 points or 0.4% at 22,492.71.
On BSE, so far 7,898 shares were traded in the counter as against average daily volume of 9,141 shares in the past one quarter.
The stock hit a high of Rs 550 and a low of Rs 512.90 so far during the day. The stock had hit a 52-week low of Rs 152.02 on 2 May 2013. The stock had hit a record high of Rs 583.95 on 23 April 2014.
The stock had outperformed the market over the past one month till 2 May 2014, surging 17.09% compared with the Sensex's 0.65% fall. The scrip had also outperformed the market in past one quarter, jumping 61.67% as against Sensex's 9.21% rise.
The small-cap company has equity capital of Rs 11.24 crore. Face value per share is Rs 2.
Astral Poly Technik's board of directors at a meeting held on Saturday, 3 May 2014, approved 2-for-1 stock split.
Astral Poly Technik manufactures CPVC plumbing systems for both residential and industrial applications, and also ASTM solvent weld lead free PVC plumbing systems.
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