Jyoti Structures dropped 3.89% to Rs 30.90 at 11:25 IST on BSE after the company reported net loss of Rs 93.70 crore in Q3 December 2014 compared with net profit of Rs 13.88 crore in Q3 December 2013.
The announcement was made after market hours yesterday, 9 February 2015.
Meanwhile, the S&P BSE Sensex was up 342.92 or 1.21% at 28,570.31
On BSE, so far 90,631 shares were traded in the counter as against average daily volume of 1.40 lakh shares in the past one quarter.
The stock hit a high of Rs 31.30 and a low of Rs 29.75 so far during the day. The stock had hit a 52-week high of Rs 69.80 on 7 July 2014. The stock had hit a 52-week low of Rs 25.65 on 17 February 2014.
The stock had underperformed the market over the past one month till 9 February 2015, falling 18.42% compared with 2.80% rise in the Sensex. The scrip had also underperformed the market in past one quarter, sliding 29.53% as against Sensex's 1.29% rise.
The small-cap firm has an equity capital of Rs 21.90 crore. Face value per share is Rs 2.
Jyoti Structures' total income fell 8.4% to Rs 612.17 crore in Q3 December 2014 over Q3 December 2013.
Jyoti Structures is in Turnkey/EPC Projects in the field of Power Transmission. The company's main business focus areas are Transmission Lines, Substations and Distribution Projects. The company undertakes turnkey projects on a global scale, offering a complete range of services in Design, Testing, Manufacturing, Sourcing, Supply and Construction with its in-house expertise.
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