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Atul slips after weak Q3 earnings

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Capital Market

Atul fell 4.80% to Rs 2139 at 15:13 IST on BSE after net profit fell 5.15% to Rs 58.58 crore on 5.01% increase in total income to Rs 679.43 crore in Q3 December 2016 over Q3 December 2015.

The result was announced during trading hours today, 20 January 2017.

Meanwhile, the BSE Sensex was down 278.61 points, or 1.02%, to 27,029.99.

On the BSE, so far 61,000 shares were traded in the counter, compared with average daily volumes of 4,895 shares in the past one quarter. The stock had hit a high of Rs 2,290 and a low of Rs 2,109.25 so far during the day.

 

The stock hit a 52-week high of Rs 2,489.10 on 21 October 2016. The stock hit a 52-week low of Rs 1,275.20 on 17 February 2016.

Atul is one of the largest integrated chemical companies of India.

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First Published: Jan 20 2017 | 3:06 PM IST

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