Balaji Telefilms slides after reporting net loss in Q4

Balaji Telefilms fell 3.91% to Rs 108.20 at 12:28 IST on BSE after the company reported consolidated net loss of Rs 13.20 crore in Q4 March 2016 compared with net profit of Rs 9.59 crore in Q4 March 2015.

The result was announced after market hours yesterday, 17 May 2016.

Meanwhile, the S&P BSE Sensex was down 182.15 points or 0.71% at 25,591.46.

On BSE, so far 90,000 shares were traded in the counter as against average daily volume of 57,450 shares in the past one quarter. The stock hit a high of Rs 109.40 and a low of Rs 101 so far during the day. The stock had hit a 52-week low of Rs 63.90 on 12 June 2015. The stock had hit a 52-week high of Rs 150.40 on 23 November 2015. The stock had underperformed the market over the past one month till 17 May 2016, declining 2.68% compared with Sensex's 0.57% rise. The scrip had, however, outperformed the market in past one quarter, advancing 16.68% as against Sensex's 10.23% rise.

The small-cap company has equity capital of Rs 15.19 crore. Face value per share is Rs 2.

Balaji Telefilms' net sales rose 6.8% to Rs 82.16 crore in Q4 March 2016 over Q4 March 2015.

Balaji Telefilms produces Indian soap operas, reality TV, comedy, game shows, entertainment and factual programming in several Indian languages.

Powered by Capital Market - Live News