Techno Electric & Engineering Company fell 2.81% to Rs 502.85 at 15:19 IST on BSE after a bulk deal of 1.50 lakh shares was executed on the counter at Rs 514.10 per share at 11:48 IST on BSE today, 22 September 2015.
Meanwhile, the BSE Sensex was down 539.32 points, or 2.06%, to 25,649.96
Bulk deal boosted volume on the scrip. On BSE, so far 1.55 lakh shares were traded in the counter, compared with an average volume of 11,920 shares in the past one quarter.
The stock hit a high of Rs 525 and a low of Rs 489.95 so far during the day. The stock hit a record high of Rs 579.85 on 9 September 2015. The stock hit a 52-week low of Rs 260 on 25 September 2014.
The stock had outperformed the market over the past one month till 21 September 2015, falling 3.01% compared with Sensex's 4.29% fall. The scrip also outperformed the market in past one quarter, gaining 12.28% as against Sensex's 4.11% fall.
The small-cap company has an equity capital of Rs 11.42 crore. Face value per share is Rs 2.
On a consolidated basis, Techno Electric & Engineering Company's net profit rose 58.7% to Rs 37.05 crore on 10.7% rise in net sales to Rs 199.90 crore in Q1 June 2015 over Q1 June 2014.
Techno Electric & Engineering Company is a leading provider of high quality engineering, procurement and construction services to India's core sector industries; both in the public and private domain.
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