Kokuyo Camlin declined 8.64% to Rs 84.10 at 09:35 IST on BSE after net profit fell 45.5% to Rs 2.36 crore on 8.5% rise in net sales to Rs 176.81 crore in Q4 March 2016 over Q4 March 2015.
The company declared its results after trading hours yesterday, 12 May 2016.Meanwhile, the BSE Sensex was down 267.93 points, or 1.04%, to 25,522.29
On BSE, so far 38,617 shares were traded in the counter as against an average daily volume of 25,436 shares in the past one quarter. The stock hit a high of Rs 89.60 and a low of Rs 84 so far during the day. The stock had outperformed the market over the past one month till 12 May 2016, rising 9.71% compared with 2.56% rise in the Sensex. The scrip had also outperformed the market in past one quarter, surging 33.89% as against Sensex's 12.20% rise.
The company has an equity capital of Rs 10.03 crore. Face value per share is Re 1.
Kokuyo Camlin makes stationery and colour products.
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