Sundaram Clayton lost 3.15% to Rs 169 at 11:35 IST on BSE after net profit fell 25.3% to Rs 4.49 crore on 13.2% growth in net sales to Rs 266.86 crore in Q1 June 2012 over Q1 June 2011.
The company announced the results after market hours on Wednesday, 8 August 2012.
Meanwhile, the BSE Sensex was up 33.82 points or 0.19% to 17,634.38.
On BSE, 1,504 shares were traded in the counter as against average daily volume of 2,004 shares in the past one quarter.
The stock hit a high of Rs 175 and a low of Rs 168.60 so far during the day. The stock had hit a 52-week low of Rs 129.50 on 26 September 2011. The stock had hit a 52-week high of Rs 204 on 19 January 2012.
The small-cap stock had underperformed the market over the past one month till 8 August 2012, rising 0.23% compared with the Sensex's 0.45% rise. The scrip had, however, outperformed the market in past one quarter, jumping 8.55% as against Sensex's 6.37% rise.
The company has equity capital of Rs 18.97 crore. Face value per share is Rs 5.
Sundaram Clayton manufactures aluminum pressure die castings for heavy commercial vehicles, passenger cars and two wheelers.
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