BOC India drops after 5.8% rally in 3 days

Meanwhile, the BSE Sensex was up 80.70 points or 0.42% at 19,445.45.

On BSE, 1,577 shares were traded in the counter as against average daily volume of 7,721 shares in the past one quarter.

The stock hit a high of Rs 409 and a low of Rs 395.10 so far during the day. The stock had hit a record high of Rs 530 on 18 April 2012. The stock had hit a 52-week low of Rs 265 on 22 December 2011.

The stock had underperformed the market over the past one month till 18 December 2012, rising 0.91% compared with the Sensex's 5.76% rise. The scrip had also underperformed the market in past one quarter, sliding 10.88% as against Sensex's 4.7% gain.

 

The mid-cap company has equity capital of Rs 85.28 crore. Face value per share is Rs 10.

Shares of BOC India had surged 5.84% in three trading sessions to settle at Rs 402.80 on Tuesday, 18 December 2012, from a recent low of Rs 380.55 on 13 December 2012.

BOC India's net profit fell 65.8% to Rs 5.93 crore on 14.5% growth in net sales to Rs 344.29 crore in Q3 September 2012 over Q3 September 2011.

BOC India, a member of The Linde Group, provides a one-stop solution to all businesses for gas supply and related equipment and services. The Linde Group is a world-leading gases and engineering company with around 62,000 employees in more than 100 countries worldwide. The Linde Group holds 89.48% stake in BOC India (as per shareholding pattern as on 30 September 2012).

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