Nocil lost 2.88% to Rs 14.50 at 11:28 IST on BSE after net profit declined 10.3% to Rs 5.16 crore on 12.3% growth in net sales to Rs 142.08 crore in Q2 September 2013 over Q2 September 2012.
The Q2 result was announced after market hours on Monday, 28 October 2013.
Meanwhile, the S&P BSE Sensex was up 117.35 points or 0.57% at 20,687.63.
On BSE, 85,000 shares were traded in the counter as against average daily volume of 67,862 shares in the past one quarter.
The stock hit a high of Rs 15 and a low of Rs 14.35 so far during the day. The stock had hit a 52-week low of Rs 12 on 4 September 2013. The stock had hit a 52-week high of Rs 20.40 on 20 December 2012.
The stock had outperformed the market over the past one month till 28 October 2013, surging14.32% compared with the Sensex's 4.27% rise. The scrip had, however, underperformed the market in past one quarter, advancing 3.04% as against Sensex's 4.16% rise.
The small-cap company has equity capital of Rs 160.79 crore. Face value per share is Rs 10.
Nocil manufactures a wide range of petrochemicals like, ethylene, propylene, butadiene, benzene and their derivatives, polymers, rubber, chemicals and plastic products.
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