Skipper lost 1.3% to Rs 140.55 on BSE after after two bulk deals were executed on the scrip on the BSE today, 9 January 2017.
A bulk deal of shares 16.37 lakh shares was executed on the scrip at Rs 143.30 per share at 14:16 IST on BSE. Another bulk deal of 7.14 lakh shares was executed on the scrip at Rs 142.20 per share at 14:17 IST on BSE.
Meanwhile, the BSE Sensex was down 32.68 points, or 0.12%, to 26,726.55
Bulk deals boosted volume on the scrip. On BSE, 27.65 lakh shares were traded in the counter, compared with average daily volume of 17,241 shares in the past one quarter. The stock hit a high of Rs 146 and a low of Rs 136.70 so far during the day. The stock hit a 52-week high of Rs 205.90 on 7 January 2016. The stock hit a 52-week low of Rs 122 on 29 February 2016.
The small-cap company has an equity capital of Rs 10.23 crore. Face value per share is Re 1.
Net profit of Skipper dropped 25.26% to Rs 22.64 crore on 16.73% rise in net sales to Rs 401.13 crore in Q2 September 2016 over Q2 September 2015.
Skipper manufactures galvanized, polyvinyl chloride, solid, waste, and rain pipes, fittings, transmission and telecom towers, poles, scaffoldings, and hot rolled products.
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