 "Reliance Defence shares plummet nearly 15% on Q1 numbers")
The scrip plummeted by 13.51 per cent to end at Rs 56.35 on BSE. Intra-day, it dived 15.11 per cent to Rs 55.30.
On NSE, shares of the company tanked 14.70 per cent to end at Rs 55.40.
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In terms of volume, 60.57 lakh shares of the company were traded on BSE and over 3 crore shares changed hands at NSE during the day.
The company posted its June quarter results on Saturday.
It had reported a net loss of Rs 167.27 crore for the corresponding quarter of 2015-16 fiscal.
Its total income from operations declined to Rs 70.34 crore in the first quarter of the current fiscal as against Rs 106.96 crore in the year-ago period.
Total expenses also declined to Rs 118.75 crore during the quarter as against Rs 170.48 crore in the year-ago period.
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