Andrew Yule drops after weak Q2 outcome

Andrew Yule & Company lost 2.33% to Rs 33.50 at 10:52 IST on BSE after net profit declined 19.9% to Rs 21.74 crore on 33.61% fall in total income to Rs 95.29 crore in Q2 September 2017 over Q2 September 2016.

The result was announced after market hours yesterday, 11 November 2017.

Meanwhile, the S&P BSE Sensex was down 115.36 points or 0.34% at 33,340.43. The S&P BSE Small-Cap index was up 1.03 points or 0.01% at 18,252.80.

On BSE, so far 1.90 lakh shares were traded in the counter as against average daily volume of 5.50 lakh shares in the past one quarter. The stock hit a high of Rs 33.95 and a low of Rs 31 so far during the day. The stock had hit a 52-week high of Rs 40.90 on 5 May 2017. The stock had hit a 52-week low of Rs 21.45 on 26 December 2016.

The stock had outperformed the market over the past one month till 11 December 2017, rising 3.31% compared with the Sensex's 0.42% rise. The scrip also outperformed the market over the past one quarter, gaining 28.22% as against the Sensex's 4.94% rise. The scrip also outperformed the market over the past one year, advancing 45.65% as against the Sensex's 25.08% rise.

The small-cap company has equity capital of Rs 97.79 crore. Face value per share is Rs 2.

Andrew Yule & Company is engaged in tea, electrical and engineering business.

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