Supreme Infrastructure India lost 3.43% to Rs 70.40 at 10:14 IST on BSE after the company reported net loss of Rs 43.39 crore in Q2 September 2016 compared to net profit of Rs 1.11 crore in Q2 September 2015.
The result was announced on Saturday, 3 December 2016.Meanwhile, the S&P BSE Sensex was down 49.72 points or 0.19% at 26,180.94.
On the BSE, 8,093 shares were traded on the counter so far as against the average daily volumes of 14,576 shares in the past one quarter. The stock had hit a high of Rs 70.65 and a low of Rs 69.15 so far during the day.
The stock had hit a 52-week high of Rs 164.70 on 4 December 2015 and a 52-week low of Rs 66.50 on 29 February 2016. It had underperformed the market over the past one month till 2 December 2016, sliding 16.78% compared with the Sensex's 4.71% fall. The scrip had also underperformed the market in the past one quarter, declining 27.35% as against the Sensex's 8.07% fall.
The small-cap company has equity capital of Rs 25.70 crore. Face value per share is Rs 10.
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The company's net sales fell 41.8% to Rs 194.04 crore in Q2 September 2016 over Q2 September 2015.
Supreme Infrastructure India is engaged in construction and development of roads, highways, buildings and bridges.
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