NRB Bearings lost 5.72% to Rs 122 at 10:37 IST on BSE after net profit fell 2.7% to Rs 11.67 crore on 0.5% decline in net sales to Rs 152.61 crore in Q4 March 2015 over Q4 March 2014.
The Q4 result was announced after market hours yesterday, 18 May 2015.
Meanwhile, the S&P BSE Sensex was down 45.01 points or 0.16% at 27,642.29.
On BSE, so far 4,009 shares were traded in the counter as against average daily volume of 11,681 shares in the past one quarter.
The stock hit a high of Rs 126 and a low of Rs 121.10 so far during the day. The stock had hit a 52-week low of Rs 64.10 on 16 May 2014. The stock had hit a record high of Rs 153 on 10 March 2015.
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The stock had outperformed the market over the past one month till 18 May 2015, advancing 1.17% compared with Sensex's 2.65% fall. The scrip had, however, underperformed the market in past one quarter, declining 9.07% as against Sensex's 5.57% fall.
The small-cap company has equity capital of Rs 19.38 crore. Face value per share is Rs 2.
NRB Bearings is an anti friction bearing solution provider, offering end-to-end bearing solutions to its customers across the globe.
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