Kirloskar Ferrous Industries fell 2.25% to Rs 89.10 at 11:15 IST on BSE after net profit fell 96.75% to Rs 1.23 crore on 11.31% increase in total income to Rs 378.24 crore in Q1 June 2017 over Q1 June 2016.
The result was announced during market hours today, 3 August 2017.
Meanwhile, the S&P BSE Sensex was down 144.38 points, or 0.44% at 32,332.36. The S&P BSE Small-Cap index was down 56.54 points, or 0.35% at 16,006.93.
On the BSE, 2.22 lakh shares were traded on the counter so far as against the average daily volumes of 1.35 lakh shares in the past one quarter. The stock had hit a high of Rs 94.45 and a low of Rs 87.10 so far during the day. The stock had hit a record high of Rs 112 on 10 April 2017 and a 52-week low of Rs 64.70 on 21 November 2016.
The stock had underperformed the market over the past one month till 2 August 2017, declining 7.41% compared with the Sensex's 5.03% rise. The scrip had also underperformed the market over the past one quarter declining 8.44% as against the Sensex's 8.54% rise. The scrip had, however, outperformed the market over the past one year advancing 18.38% as against the Sensex's 16.06% rise.
Also Read
The small-cap company has equity capital of Rs 68.65 crore. Face value per share is Rs 5.
Kirloskar Ferrous Industries' principal activity is to manufacture and supply iron castings.
Powered by Capital Market - Live News
Disclaimer: No Business Standard Journalist was involved in creation of this content
