RattanIndia Infrastructure fell 1.67% to Rs 2.94 at 12:21 IST on BSE after Morgan Stanley Asia (Singapore) sold 95.47 lakh shares of the company at Rs 3.03 on the NSE yesterday, 21 November 2016.
Meanwhile, the BSE Sensex was up 34.86 points, or 0.14%, to 25,800.
On BSE, so far 85,000 shares were traded in the counter, compared with average daily volume of 4.49 lakh shares in the past one quarter. The stock hit a high of Rs 2.99 and a low of Rs 2.85 so far during the day. The stock hit a 52-week high of Rs 4.34 on 12 May 2016. The stock hit a 52-week low of Rs 2.85 on 22 November 2016. The stock had underperformed the market over the past 30 days till 21 November 2016, falling 8.84% compared with the 8.23% decline in the Sensex. The scrip had also underperformed the market in past one quarter, sliding 16.25% as against Sensex's 7.95% decline.
The small-cap company has equity capital of Rs 276.45 crore. Face value per share is Rs 2.
As on 30 September 2016, Morgan Stanley Asia (Singapore) held 2.24 crore shares, or 1.626% stake, of RattanIndia Infrastructure.
RattanIndia Infrastructure reported net loss of Rs 1.64 crore in Q1 June 2016 as against net loss of Rs 0.12 crore in Q1 June 2015. There were no sales reported in Q1 June 2016 and in Q1 June 2015.
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