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Heidelberg Cement dips on weak Q3 numbers

The stock opened at Rs 81 and touched a low of Rs 78 on the BSE

SI Reporter Mumbai
Heidelberg Cement India has dipped over 4% at Rs 78 on the BSE after reporting net loss of Rs 9.89 crore in Q4 December 2014, higher than net loss of Rs 6.63 crore in Q4 December 2013.

Total income rose 16.6% to Rs 421.60 crore in Q4 December 2014 over Q4 December 2013. The result was announced after market hours on Friday, 6 February 2015.

Heidelberg Cement India said that pursuant to sale of Raigad Plant with effect from 3 January 2014, result for Q4 December 2014 is not comparable with Q4 December 2013.

The stock opened at Rs 81 and touched a low of Rs 78 on the BSE. Around 1,30,000 shares changed hands on the BSE and NSE so far.
 

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First Published: Feb 09 2015 | 10:43 AM IST

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