Savita Oil Technologies slumped 5.37% to Rs 730 at 11:40 IST on BSE after net profit declined 15.5% to Rs 6.31 crore on 1.1% growth in net sales to Rs 485.61 crore in Q1 June 2014 over Q1 June 2013.
The Q1 result was announced after market hours on Monday, 21 July 2014.
Meanwhile, the S&P BSE Sensex was up 227.26 points or 0.88% at 25,942.43.
On BSE, so far 16,000 shares were traded in the counter as against average daily volume of 6,474 shares in the past one quarter.
The stock hit a high of Rs 769 and a low of Rs 696 so far during the day. The stock had hit a 52-week low of Rs 330 on 29 July 2013. The stock had hit a record high of Rs 849.40 on 18 July 2014.
The stock had had outperformed the market over the past one month till 21 July 2014, surging 26.42% compared with Sensex's 2.43% rise. The scrip had also outperformed the market over the past one quarter, jumping 51.95% as against Sensex's 12.96% rise.
The company has equity capital of Rs 14.60 crore. Face value per share is Rs 10.
Savita Oil Technologies makes transformer oil, paraffin wax and lubricating oil.
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