Jayant Agro-Organics tumbled 5.76% to Rs 438.50 at 11:07 IST on BSE after consolidated net profit fell 6.2% to Rs 15 crore on 58.2% growth in net sales to Rs 609.53 crore in Q2 September 2017 over Q2 September 2016.
The result was announced on Saturday, 28 October 2017.Meanwhile, the S&P BSE Sensex was up 123.91 points or 0.37% at 33,281.13. The S&P BSE Small-Cap index advanced 187.98 points or 1.09% at 17,491.64, outperforming the Sensex.
On the BSE, 16,000 shares were traded on the counter so far as against the average daily volumes of 6,822 shares in the past one quarter. The stock had hit a high of Rs 474 and a low of Rs 414.45 so far during the day. The stock had hit a record high of Rs 571.45 on 1 August 2017 and a 52-week low of Rs 185.73 on 22 November 2016.
The small-cap company has equity capital of Rs 15 crore. Face value per share is Rs 5.
Jayant Agro-Organics is an emerging global oleochemical company with leadership in the castor-based specialty chemicals industry.
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