BS lost 1.07% to Rs 273 at 11:51 IST on BSE, with the stock sliding on profit booking after Monday's 9% rally triggered by the company setting 1 October 2013 as the record date for 1:1 bonus issue of shares.
Meanwhile, the S&P BSE Sensex was up 37.27 points or 0.19% at 19,938.23.
On BSE, 15,000 shares were traded in the counter as against average daily volume of 37,080 shares in the past one quarter.
The stock hit a high of Rs 277.75 and a low of Rs 260 so far during the day. The stock had hit a 52-week high of Rs 356.90 on 25 February 2013. The stock had hit a 52-week low of Rs 170 on 20 November 2012.
The stock had underperformed the market over the past one month till 23 September 2013, rising 2.85% compared with the Sensex's 7.46% surge. The scrip had also under performed the market in past one quarter, declining 7.32% as against Sensex's 6% gain.
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The small-cap company has equity capital of Rs 21.93 crore. Face value per share is Rs 10.
Shares of BS had rallied 9% to settle at Rs 275.95 on Monday, 23 September 2013, after the company after market hours on 20 September 2013 said it has fixed 1 October 2013 as the record date for 1:1 bonus issue of shares.
BS' consolidated net profit rose 14.5% to Rs 15.25 crore on 44.9% growth in net sales to Rs 506.93 crore in Q1 June 2013 over Q1 June 2012.
BS is engaged in the power transmission & distribution and telecom passive infrastructure businesses.
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