Balaji Amines dropped 4.01% to Rs 321.90 at 09:25 IST on BSE after net profit declined 13.63% to Rs 22.75 crore on 9.27% rise in total income to Rs 201.02 crore in Q1 June 2017 over Q1 June 2016.
The announcement was made after market hours yesterday, 27 July 2017.Meanwhile, the S&P BSE Sensex was down 188.33 points, or 0.58% to 32,194.97. The S&P BSE Small-Cap index was down 44.05 points, or 0.28% at 15,971.42.
On the BSE, 255 shares were traded in the counter so far, compared with average daily volumes of 6,610 shares in the past one quarter. The stock had hit a high of Rs 325 and a low of Rs 315 so far during the day. The stock hit a record high of Rs 401.10 on 24 April 2017. The stock hit a 52-week low of Rs 269.40 on 27 July 2016.
The small-cap company has equity capital of Rs 6.48 crore. Face value per share is Rs 2.
Balaji Amines makes methylamines, ethylamines, derivatives of specialty chemicals and natural products.
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