JVL Agro Industries declines after reporting weak Q1 results

Image
Capital Market
Last Updated : Sep 15 2017 | 11:28 AM IST

JVL Agro Industries declined 1.54% to Rs 22.35 at 11:00 IST on BSE after net profit fell 31.31% to Rs 7.39 crore on 14.42% drop in total income to Rs 843.56 crore in Q1 June 2017 over Q1 June 2016.

The result was announced after market hours yesterday, 14 September 2017.

Meanwhile, the S&P BSE Sensex was down 70.63 points, or 0.22% at 32,171.30. The S&P BSE Small-Cap index was down 37.19 points, or 0.22% at 16,588.11.

On the BSE, 11,058 shares were traded on the counter so far as against the average daily volumes of 1.29 lakh shares in the past one quarter. The stock had hit a high of Rs 22.75 and a low of Rs 22.15 so far during the day. The stock had hit a 52-week high of Rs 29.40 on 20 July 2017 and hit a 52-week low of Rs 14 on 22 November 2016.

The small-cap company has equity capital of Rs 16.79 crore. Face value per share is Rs 1.

JVL Agro Industries is engaged in the operations related to production of vanaspati, refine and mustard oil, and trading of goods.

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Sep 15 2017 | 11:08 AM IST

Next Story