CapitalMarket.com - Sesa Goa drops after weak quarterly earnings
Hot Pursuit Friday, July 22, 2011 09:41 Hrs IST

Print this page


Sesa Goa drops after weak quarterly earnings

Sesa Goa declined 1.35% to Rs 274.30 at 9:38 IST on NSE, after consolidated net profit slumped 35.4% to Rs 840.59 crore on 12.5% fall in net sales to Rs 2094.74 crore in Q1 June 2011 over Q1 June 2010.

The company announced the results after market hours on Thursday, 21 July 2011.

Meanwhile, the S&P CNX Nifty was up 28.70 points, or 0.52%, to 5,570.30.

On NSE, 16.27 lakh shares were traded in the counter.

The stock hit a high of Rs 277.85 and a low of Rs 265.50 so far during the day. The stock had hit a 52-week high of Rs 384 on 10 August 2010 and a 52-week low of Rs 254.75 on 21 March 2011.

The large-cap stock had underperformed the market over the past one month till 21 July 2011, gaining 3.98% compared with the Sensex's return of 4.99%. The scrip had also underperformed the market in past one quarter, falling 13.64% as against 5.95% decline in the Sensex.

The iron ore exporter has an equity capital of Rs 86.91 crore. Face value per share is Rs 1.

Previous Stories
More 4
Other Stories
4  Orissa Minerals Development surges after govt allots coal block in Odisha (27-Jul 14:19 Hrs IST)
4  Bajaj Auto slips in volatile trade after declaring Q1 result (27-Jul 13:28 Hrs IST)
4  Volumes jump at Claris Lifesciences counter (27-Jul 13:27 Hrs IST)
4  Bajaj Auto inches up in volatile trade after declaring Q1 result (27-Jul 12:58 Hrs IST)
4  Yes Bank declines after rise in sticky loans in Q1 (27-Jul 12:49 Hrs IST)
4  Ingersoll-Rand (India) jumps after strong Q1 result (27-Jul 12:30 Hrs IST)
4  Yes Bank drops after announcing Q1 results (27-Jul 12:02 Hrs IST)
4  Bharti Infratel advances after strong Q1 result (27-Jul 11:43 Hrs IST)
4  UltraTech Cement gains after winning coal linkages through auction (27-Jul 11:36 Hrs IST)
4  Delta Corp gains after announcing plans to operate casino in Sikkim (27-Jul 11:13 Hrs IST)
Next4