BASF India hits 52-week low as net loss widens in Q3

The stock dipped 7% to Rs 782 after the company posted net loss of Rs 106 crore in Q3FY16 against loss of Rs 40 crore in the same quarter last year.

BASF’s products with new anti-counterfeiting technology in China
BASF’s products with new anti-counterfeiting technology in China
SI Reporter Mumbai
Last Updated : Jan 20 2016 | 10:24 AM IST
BASF has dipped 7% to Rs 782 also its 52-week low on the NSE, after the specialty chemicals reported a higher net loss of Rs 106 crore for the third quarter ended December 2015 (Q3FY16) as against loss of Rs 40 crore in the same quarter last year.

Total income grew 15.7% at Rs 1,132 crore over the previous year quarter, while total expenditure increased 20% to Rs 1,212 crore on year on year basis.

A combined 12,460 shares changed hands on the counter on the NSE and BSE till 09:26 a.m.
 

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First Published: Jan 20 2016 | 9:28 AM IST

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