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Sabero Organics Gujarat slips after weak Q2 outcome

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Sabero Organics Gujarat fell 0.66% to Rs 173.10 at 09:22 IST on BSE after consolidated net profit declined 27.44% to Rs 11.87 crore on 22.84% growth in total income from operations to Rs 270.67 crore in Q2 September 2014 over Q2 September 2013.

The result was announced before market hours today, 27 October 2014.

Meanwhile, the S&P BSE Sensex was up 54.95 points or 0.2% at 26,906

On BSE, so far 256 shares exchanged hands, compared with average daily volume of 4,282 shares in the past two weeks.

The stock hit a high of Rs 177 and a low of Rs 172 so far during the day. The stock had hit a record high of Rs 206.90 on 12 September 2014. The stock had hit a 52-week low of Rs 110.20 on 4 February 2014.

 

The small-cap company has equity capital of Rs 33.85 crore. Face value per share is Rs 10.

Sabero Organics Gujarat manufactures speciality chemicals and crop protection chemicals. Its manufacturing facilities are located in Gujarat, India. The company has a diverse product portfolio of fungicides, herbicides, insecticides & speciality chemicals.

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First Published: Oct 27 2014 | 9:20 AM IST

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