Burnpur Cement lost 2.15% to Rs 9.10 at 11:15 IST on BSE after net profit fell 18.27% to Rs 0.76 crore on 4.41% decline in total income from operations to Rs 20.33 crore in Q3 December 2013 over Q3 December 2012.
The Q3 result was announced after market hours on Thursday, 6 February 2014.
Meanwhile, the S&P BSE Sensex was up 62.04 points or 0.31% at 20,372.78.
On BSE, so far 1,700 shares were traded in the counter as against average daily volume of 22,425 shares in the past one quarter.
The stock hit a high of Rs 9.10 and a low of Rs 8.85 so far during the day. The stock had hit a 52-week high of Rs 10 on Thursday, 6 February 2014. The stock had hit a 52-week low of Rs 5.69 on 28 March 2013.
The stock had outperformed the market over the past one month till 6 February 2014, advancing 12.05% compared with the Sensex's 2.29% fall. The scrip had also outperformed the market in past one quarter, jumping 15.53% as against Sensex's 2.8% fall.
The small-cap company has equity capital of Rs 63 crore. Face value per share is Rs 10.
Burnpur Cement is one of the leading cement manufacturers in the eastern region.
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