Venky's (India) dropped 7.38% to Rs 463 at 14:25 IST on BSE after net profit tumbled 94.51% to Rs 0.35 crore on 31.67% rise in total income from operations to Rs 595.23 crore in Q2 September 2016 over Q2 September 2015.
The result was announced during market hours today, 6 December 2016.Meanwhile, the BSE Sensex was up 100.44 points, or 0.38%, to 26,449.54.
More than usual volumes were witnessed on the counter. On the BSE, 30,088 shares were traded in the counter so far, compared with an average volume of 14,689 shares in the past one quarter. The stock had hit a high of Rs 501 and a low of Rs 460.15 so far during the day.
The small-cap company has an equity capital of Rs 14.09 crore. Face value per share is Rs 10.
The VH Group, known the world over as Venky's. is the largest fully integrated poultry group in Asia.
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