VST Inds slips after poor Q1 results

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Capital Market
Last Updated : Aug 03 2017 | 3:47 PM IST

VST Industries declined 1.5% to Rs 2,950 at 15:25 IST on BSE after net profit fell 8.99% to Rs 39.79 crore on 15.73% decline in net sales to Rs 209.18 crore in Q1 June 2017 over Q1 June 2016.

The result was announced after market hours yesterday, 2 August 2017.

Meanwhile, the S&P BSE Sensex was down 238.66 points or 0.74% at 32,237.88. The S&P BSE Mid-Cap index was down 76.84 points or 0.5% at 15,335.12.

On the BSE, 291 shares were traded on the counter so far as against the average daily volumes of 530 shares in the past one quarter. The stock had hit a high of Rs 3,054.90 and a low of Rs 2,949.95 so far during the day. The stock had hit a record high of Rs 3,774 on 3 July 2017 and a 52-week low of Rs 1,880 on 2 August 2016.

The mid-cap company has equity capital of Rs 15.44 crore. Face value per share is Rs 10.

VST Industries' principal activities are manufacturing and selling cigarettes and unmanufactured tobacco.

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First Published: Aug 03 2017 | 3:35 PM IST

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