Jayant Agro-Organics tumbled 11.4% to Rs 103 at 12:32 IST on BSE after consolidated net profit fell 37.45% to Rs 4.76 crore on 16.75% decline in total income from operations to Rs 394.49 crore in Q4 March 2014 over Q4 March 2013.
The Q4 result was announced during trading hours today, 19 May 2014.
Meanwhile, the S&P BSE Sensex was up 181.46 points or 0.75% at 24,303.20.
On BSE, so far 21,000 shares were traded in the counter as average daily volume of 19,212 shares in the past one quarter.
The stock hit a high of Rs 111.50 and a low of Rs 102.10 so far during the day. The stock had hit 52-week high of Rs 129.80 on 7 May 2014. The stock had hit a 52-week low of Rs 68.55 on 17 December 2013.
The stock had outperformed the market over the past one month till 16 May 2014, surging 14.76% compared with the Sensex's 8.28% rise. The scrip had also outperformed the market in past one quarter, jumping 57.2% as against Sensex's 18.44% rise.
The small-cap company has equity capital of Rs 7.50 crore. Face value per share is Rs 5.
Jayant Agro-Organics' consolidated net profit rose 9.74% to Rs 39.75 crore on 5.13% decline in total income from operations to Rs 1537.80 crore in the year ended 31 March 2014 (FY 2014) over the year ended 31 March 2013 (FY 2013).
Jayant Agro-Organics is an emerging global oleochemical company with leadership in the castor-based specialty chemicals industry.
Powered by Capital Market - Live News
