Meanwhile, the BSE Sensex was down 59.13 points, or 0.08% to 16,092.32.

On BSE, 50,123 shares were traded in the counter as against an average daily volume of 2.16 lakh shares in the past one quarter.

The stock hit a high of Rs 272 and a low of 265.40 so far during the day. The stock had hit a record high of Rs 372 on 5 April 2011 and hit a 52-week low of Rs 250 on 26 August 2011.

The large-cap stock had underperformed the market over the past one month till 3 October 2011, declining 5.04% as compared to the Sensex's 3.98% fall. The scrip had also underperformed the market in the past one quarter, falling 16.95% as compared to the Sensex's decline of 13.92%.

The company has an equity capital of Rs 1902.56 crore. Face value per share is Rs 10.

Lower crude oil prices will result in lower realizations from crude sales for oil exploration firms such as Cairn India. Crude oil declined 2.01% or $1.59 a barrel to settle at $77.61 a barrel on the New York Mercantile Exchange on Monday, 3 October 2011, on fears that Greece might default on its debt.

Oil extended losses in Asian electronic trade today, 4 October 2011. It was down 87 cents or 1.12% to $76.74 a barrel.

On a consolidated basis, Cairn India's net profit galloped 868.9% to Rs 2726.56 crore on 341.7% spurt in net sales to Rs 3712.67 crore in Q1 June 2011 over Q1 June 2010.

Cairn India is engaged in oil and gas exploration, production and transportation. The company sells its oil to major refineries in India and its gas to both state run and private buyers.