BASF India slumps after reverse turnaround in Q4

BASF India lost 5.11% to Rs 995.25 at 09:47 IST on BSE, after the company reported net loss of Rs 59.33 crore in Q4 March 2015 as against net profit of Rs 6.56 crore in Q4 March 2014.

The result was announced after market hours yesterday, 7 May 2015.

Meanwhile, the S&P BSE Sensex was up 309.50 points or 1.16% at 26,908.61

On BSE, so far 17,562 shares were traded in the counter as against average daily volume of 8,228 shares in the past one quarter.

The stock hit a high of Rs 1,050 and a low of Rs 973.95 so far during the day. The stock had hit a 52-week low of Rs 700 on 16 May 2014. The stock had scaled a record high of Rs 1,497.60 on 20 January 2015.

The mid-cap chemical manufacturing company has equity capital of Rs 43.29 crore. Face value per share is Rs 10.

BASF India's net sales rose 0.1% to Rs 1068.88 crore in Q4 March 2015 over Q4 March 2014.

BASF India is a leading transnational company in the Indian chemical industry.

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