Astral Poly Technik tumbled 6.43% to Rs 358 at 10:17 IST on BSE after net profit jumped 27.6% to Rs 20.69 crore in 18.9% growth in net sales 303.33 crore in Q2 September 2014 over Q2 September 2013.
The Q2 result was announced after market hours yesterday, 27 October 2014.
Meanwhile, the S&P BSE Sensex was up 79.41 points or 0.3% at 26,832.31.
On BSE, so far 13,000 shares were traded in the counter as against average daily volume of 2,747 shares in the past two weeks.
The stock hit a high of Rs 375 and a low of Rs 355 so far during the day.
Astral Poly Technik manufactures CPVC plumbing systems for both residential and industrial applications, and also ASTM solvent weld lead free PVC plumbing systems.
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