CapitalMarket.com - Bajaj Hindusthan drops after poor Q2 earnings
Hot Pursuit Tuesday, May 08, 2012 13:51 Hrs IST

Print this page


Bajaj Hindusthan drops after poor Q2 earnings

Bajaj Hindusthan fell 1.71% to Rs 28.70 at 13:49 IST on BSE after net profit fell 87.94% to Rs 8.78 crore on 4.1% decline in net sales to Rs 1201.03 crore in Q2 March 2012 over Q2 March 2011.

The company announced the results during trading hours today, 8 May 2012.

Meanwhile, the BSE Sensex was down 164.06 points or 0.97% to 16,748.65.

On BSE, 4.65 lakh shares were traded in the counter as against average daily volume of 7.20 lakh shares in the past one quarter.

The stock hit a high of Rs 29.50 and a low of Rs 28.40 so far during the day. The stock had hit a 52-week low of Rs 23.35 on 20 December 2011. The stock had hit a 52-week high of Rs 64.06 on 8 July 2011.

The stock had underperformed the market over the past one month till 7 May 2012, falling 7.89% compared with the Sensex's 3.28% fall. The scrip had also underperformed the market in the past one quarter, declining 16.93% as against the Sensex's 4.03% fall.

The company has an equity capital of Rs 63.94 crore. Face value per share is Re 1.

Bajaj Hindusthan is engaged in the manufacturing of sugar and ethanol.

Previous Stories
More 4
Other Stories
4  Abbott India hits record high in weak market (4-Sep 15:24 Hrs IST)
4  Kitex Garments drops on profit booking (4-Sep 15:02 Hrs IST)
4  VIP Industries hits 52-week low (4-Sep 14:38 Hrs IST)
4  Volumes jump at Hathway Cable & Datacom counter (4-Sep 13:51 Hrs IST)
4  Avanti Feeds gains 8.17% in two sessions (4-Sep 13:23 Hrs IST)
4  Amtek Auto hits 52-week low (4-Sep 12:44 Hrs IST)
4  Lakshmi Vilas Bank drops after board seeks RBI nod to hike promoter holding (4-Sep 11:38 Hrs IST)
4  Glenmark Pharma drops 14.23% in seven sessions (4-Sep 10:57 Hrs IST)
4  Cipla gains after announcing acquisition of two US companies (4-Sep 10:33 Hrs IST)
4  All sectoral indices on BSE in red (4-Sep 10:30 Hrs IST)
Next4