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Gujarat Fluorochemicals gains after bulk deals

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Capital Market Mumbai

A block deal of 3.19 lakh shares was executed at Rs 340.10 per share at 12:30 IST. Another block deal of 4.29 lakh shares was executed at 12:43 IST. The two block deals constitute 0.68% of Gujarat Fluorochemicals' equity.

Meanwhile, the BSE Sensex was down 55.37 points or 0.28% at 19,709.41.

On BSE, 7.98 lakh shares were traded in the counter as against average daily volume of 15,762 shares in the past one quarter.

The stock hit a high of Rs 345.10 and a low of Rs 333.65 so far during the day. The stock had hit a 52-week low of Rs 303.50 on 21 November 2012. The stock had hit a 52-week high of Rs 542.20 on 2 April 2012

 

The stock had underperformed the market over the past one month till 3 January 2013, rising 1.87% compared with the Sensex's 2.38% rise. The scrip had also underperformed the market in past one quarter, sliding 13.42% as against Sensex's 4.74% gain.

The mid-cap company has equity capital of Rs 10.99 crore. Face value per share is Re 1.

Gujarat Fluorochemicals' net profit fell 41.7% to Rs 109.92 crore on 40.4% decline in net sales to Rs 309.67 crore in Q2 September 2012 over Q2 September 2011.

Gujarat Fluorochemicals (GFL) has interests in diverse businesses, including industrial gases, refrigerants, chemicals and carbon credits. GFL owns and operates an entertainment business through its 65% subsidiary, INOX Leisure. INOX Leisure is engaged in setting up and operating INOX brand of multiplex cinema theaters.

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First Published: Jan 04 2013 | 11:32 PM IST

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