Chambal Fertilisers & Chemicals lost 2.91% to Rs 40 at 10:41 IST on BSE after net profit dropped 75.5% to Rs 5.63 crore on 6.6% fall in net sales to Rs 1441.18 crore in Q4 March 2014 over Q4 March 2013.
The Q4 result was announced after market hours on Friday, 9 May 2014.
Meanwhile, the S&P BSE Sensex was up 326.01 points or 1.42% at 23,320.24
On BSE, so far 67,479 shares were traded in the counter as against average daily volume of 86,159 shares in the past one quarter.
The stock hit a high of Rs 40.40 and a low of Rs 39.70 so far during the day. The stock had hit a 52-week high of Rs 49.55 on 20 May 2013. The stock had hit a 52-week low of Rs 30.60 on 28 August 2013.
The stock had underperformed the market over the past one month till 9 May 2014, falling 5.4% compared with 1.29% rise in the Sensex. The scrip had also underperformed the market in past one quarter, rising 9.28% as against Sensex's 12.85% rise.
The small-cap company has an equity capital of Rs 416.21 crore. Face value per share is Rs 10.
On a consolidated basis, Chambal Fertilisers & Chemicals' net profit rose 2.3% to Rs 244.12 crore on 8.6% rise in net sales to Rs 8905.10 crore in the year ended 31 March 2014 over the year ended 31 March 2013.
Chambal Fertilisers & Chemicals net profit fell 0.8% to Rs 303.07 crore on 8.7% rise in net sales to Rs 7976.42 crore in the year ended 31 March 2014 over the year ended 31 March 2013.
Chambal Fertilisers & Chemicals' Board of Directors at its meeting held on Friday, 9 May 2014, recommended a dividend of Rs 1.90 per equity share for the year ended 31 March 2014.
Chambal Fertilisers & Chemicals is one of the largest private sector fertilizer producers in India.
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