3M India drops after dull Q2 financial performance

3M India lost 2.98% to Rs 11,809.70 at 09:45 IST after net profit rose 1.26% to Rs 48.21 crore on 9.25% increase in total income to Rs 576.74 crore in Q2 September 2016 over Q2 September 2015.

The result was announced after market hours on Friday, 18 November 2016.

Meanwhile, the S&P BSE Sensex was down 55.89 points, or 0.21%, to 26,094.35

On BSE, so far 52 shares were traded in the counter as against average daily volume of 270 shares in the past one quarter. The stock hit a high of Rs 11,910 and a low of Rs 11,640.30 so far during the day. The stock hit a record high of Rs 15,200 on 26 July 2016. The stock hit a 52-week low of Rs 9,405 on 27 January 2016.

 

The large-cap company's equity capital is Rs 11.27 crore. Face value per share is Rs 10.

3M India provides industrial, automotive, electrical, telecom and safety products.

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