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JVL Agro Industries declines after reporting weak Q1 results

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Capital Market

JVL Agro Industries declined 1.54% to Rs 22.35 at 11:00 IST on BSE after net profit fell 31.31% to Rs 7.39 crore on 14.42% drop in total income to Rs 843.56 crore in Q1 June 2017 over Q1 June 2016.

The result was announced after market hours yesterday, 14 September 2017.

Meanwhile, the S&P BSE Sensex was down 70.63 points, or 0.22% at 32,171.30. The S&P BSE Small-Cap index was down 37.19 points, or 0.22% at 16,588.11.

On the BSE, 11,058 shares were traded on the counter so far as against the average daily volumes of 1.29 lakh shares in the past one quarter. The stock had hit a high of Rs 22.75 and a low of Rs 22.15 so far during the day. The stock had hit a 52-week high of Rs 29.40 on 20 July 2017 and hit a 52-week low of Rs 14 on 22 November 2016.

 

The small-cap company has equity capital of Rs 16.79 crore. Face value per share is Rs 1.

JVL Agro Industries is engaged in the operations related to production of vanaspati, refine and mustard oil, and trading of goods.

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First Published: Sep 15 2017 | 11:08 AM IST

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