Zydus Wellness declines after poor Q4 results

Zydus Wellness lost 2.85% to Rs 972.35 at 14:39 IST on BSE after consolidated net profit fell 7.3% to Rs 20.18 crore on 3.8% decline in net sales to Rs 97.19 crore in Q4 March 2015 over Q4 March 2014.

The Q4 result was announced after market hours yesterday, 14 May 2015.

Meanwhile, the S&P BSE Sensex was up 132.62 points or 0.49% at 27,338.68.

On BSE, so far 6,595 shares were traded in the counter as against average daily volume of 19,130 shares in the past one quarter.

The stock hit a high of Rs 984.65 and a low of Rs 962 so far during the day. The stock had hit a record high of Rs 1,130.30 on 19 March 2015. The stock had hit a 52-week low of Rs 490.70 on 16 May 2014.

The stock had outperformed the market over the past one month till 14 May 2015, sliding 2% compared with Sensex's 6.33% fall. The scrip had also outperformed the market in past one quarter, advancing 19.73% as against Sensex's 6.49% fall.

The mid-cap company has equity capital of Rs 39.07 crore. Face value per share is Rs 10.

Zydus Wellness is engaged in manufacturing and selling consumer products.

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