Kesoram Industries lost 9.19% to Rs 151.25 at 15:15 IST on BSE after the company reported net loss of Rs 74.51 crore in Q4 March 2017, as compared with net profit of Rs 720.33 crore in Q4 March 2016.
Meanwhile, the S&P BSE Sensex was up 9.09 points or 0.03% at 29,927.49. Meanwhile, the S&P BSE Small-Cap index was up 42.81 points or 0.28% at 15,415.32.
On BSE, so far 3 lakh shares were traded in the counter as against average daily volume of 1.35 lakh shares in the past one quarter. The stock hit a high of Rs 157 and a low of Rs 149.60 so far during the day. The stock had hit a 52-week high of Rs 201.60 on 6 October 2016. The stock had hit a 52-week low of Rs 105 on 24 May 2016.
The small-cap company has equity capital of Rs 117.27 crore. Face value per share is Rs 10.
Kesoram Industries' net sales declined 8.52% to Rs 969.52 crore in Q4 March 2017 over Q4 March 2016.
Kesoram Industries is a diversified company. The company manufactures tyres, cement and rayon yarn.
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