PTC India fell 4.06% to Rs 67.40 at 15:09 IST on BSE on profit booking after the stock rose 8.66% in the preceding five trading sessions to Rs 70.25 on 5 January 2016, from a recent low of Rs 64.65 on 29 December 2015.
Meanwhile, the BSE Sensex was down 172.76 points, or 0.68%, to 25,407.58.
On BSE, so far 2.04 lakh shares were traded in the counter, compared with an average volume of 1.44 lakh shares in the past one quarter. The stock hit a high of Rs 71.50 and a low of Rs 67 so far during the day. The stock hit a 52-week high of Rs 101.90 on 30 January 2015. The stock hit a 52-week low of Rs 50.20 on 25 August 2015. The stock had outperformed the market over the past one month till 5 January 2016, rising 11.33% compared with 0.23% decline in the Sensex. The scrip had also outperformed the market in past one quarter, rising 13.40% as against Sensex's 4.50% fall.
The small-cap company has an equity capital of Rs 296.01 crore. Face value per share is Rs 10.
PTC India's net profit rose 4.5% to Rs 100.66 crore on 17% decline in net sales to Rs 3479.91 crore in Q2 September 2015 over Q2 September 2014.
PTC India provides power trading solutions in India. Its primary focus is to develop a commercially vibrant power market in the country.
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