Seshasayee Paper and Boards fell 4.15% to Rs 735 at 10:45 IST on BSE after net profit fell 9.8% to Rs 21.75 crore on 1.3% decrease in net sales to Rs 238.64 crore in Q1 June 2017 over Q1 June 2016.
The result was announced on Saturday, 29 July 2017.
Meanwhile, the S&P BSE Sensex was up 97.47 points, or 0.3% at 32,407.35. The S&P BSE Small-Cap index was up 21.88 points, or 0.14% at 16,094.21.
On the BSE, 3,241 shares were traded on the counter so far as against the average daily volumes of 1,416 shares in the past one quarter. The stock had hit a high of Rs 749 and a low of Rs 721 so far during the day. The stock had hit a record high of Rs 880 on 6 February 2017 and a 52-week low of Rs 381.50 on 16 August 2016.
The stock had underperformed the market over the past one month till 28 July 2017, advancing 2.82% compared with the Sensex's 4.79% rise. The scrip had also underperformed the market over the past one quarter advancing 6.46% as against the Sensex's 7.99% rise. The scrip had, however, outperformed the market over the past one year advancing 84.35% as against the Sensex's 14.54% rise.
The small-cap company has equity capital of Rs 12.61 crore. Face value per share is Rs 10.
Seshasayee Paper and Boards is engaged in the manufacture of printing and writing papers.
Powered by Capital Market - Live News
Disclaimer: No Business Standard Journalist was involved in creation of this content
