Business Standard

Dolphin Offshore slumps as net loss widens in Q4

Image

Capital Market

Dolphin Offshore Enterprises (India) tumbled 11.31% to Rs 113.70 at 13:07 IST on BSE after the company reported consolidated net loss of Rs 27.58 crore in Q4 March 2015, higher than net loss of Rs 11.14 crore in Q4 March 2014.

The Q4 result was announced after market hours yesterday, 19 May 2015.

Meanwhile, the S&P BSE Sensex was up 196.21 points or 0.71% at 27,841.74.

On BSE, so far 1.13 lakh shares were traded in the counter as against average daily volume of 59,107 shares in the past one quarter.

The stock hit a high of Rs 122.70 and a low of Rs 110.90 so far during the day. The stock had hit a 52-week low of Rs 86.30 on 19 May 2014. The stock had hit a 52-week high of Rs 237.30 on 20 November 2014.

 

The stock had underperformed the market over the past one month till 19 May 2015, declining 3.39% compared with the Sensex's 2.8% fall. The scrip had also underperformed the market in past one quarter, tumbing 11.46% as against Sensex's 6.17% fall.

The small-cap company has equity capital of Rs 16.77 crore. Face value per share is Rs 10.

Dolphin Offshore Enterprises (India) is a leading provider of underwater services to the Indian oil and gas industry.

Powered by Capital Market - Live News

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: May 20 2015 | 1:00 PM IST

Explore News