Igarashi Motors India lost 3.8% to Rs 790 at 10:07 IST on BSE after net profit declined 15.42% to Rs 15.36 crore on 18.01% fall in net sales to Rs 101.95 crore in Q3 December 2017 over Q3 December 2016.
The company announced Q3 result after market hours yesterday, 5 February 2018.Meanwhile, the S&P BSE Sensex was down 933.56 points, or 2.69% to 33,823.60. The S&P BSE Small-Cap index was down 680.95 points, or 3.83% to 17,100.84.
On the BSE, 9,463 shares were traded in the counter so far, compared with average daily volumes of 2,858 shares in the past one quarter. The stock had hit a high of Rs 809.40 and a low of Rs 774.20 so far during the day. The stock hit a record high of Rs 1,125 on 16 June 2017. The stock hit a 52-week low of Rs 736.60 on 23 February 2017.
The small-cap company has equity capital of Rs 30.61 crore. Face value per share is Rs 10.
Igarashi Motors India is engaged in the business of auto components for automobiles.
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