Century Enka tumbled 9.98% to Rs 176.75 at 12:36 IST on BSE after net profit fell 43.1% to Rs 8.66 crore on 25.1% decline in net sales to Rs 303.43 crore in Q1 June 2014 over Q1 June 2013.
The Q1 result was announced after market hours on Thursday, 24 July 2014.
Meanwhile, the S&P BSE Sensex was down 123.25 points or 0.47% at 26,148.60.
On BSE, so far 97,000 shares were traded in the counter as against average daily volume of 29,814 shares in the past one quarter.
The stock hit a high of Rs 186.90 and a low of Rs 175.50 so far during the day. The stock had hit a 52-week high of Rs 202.75 on Thursday, 24 July 2014. The stock had hit 52-week low of Rs 92 on 6 August 2013.
The stock had outperformed the market over the past one month till 24 July 2014, advancing 9.36% compared with the Sensex's 3.56% rise. The scrip had also outperformed the market in past one quarter, surging 31.12% as against Sensex's 14.84% rise.
The small-cap company has equity capital of Rs 21.85 crore. Face value per share is Rs 10.
Century Enka manufactures polyester filament yarn, nylon filament yarn, polyester partially oriented yarn, polyester and nylon chips of industrial and fabric grade and nylon industrial yarn and nylon tyre cord fabrics.
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