Everest Industries tanked 11.99% to Rs 132.55 at 11:06 IST on BSE after the company reported net loss of Rs 6.65 crore in Q2 September 2013 as against net profit of Rs 12.51 crore in Q2 September 2012.
The Q2 result was announced after market hours on Friday, 25 October 2013.
Meanwhile, the S&P BSE Sensex was up 51.34 points or 0.25% at 20,734.86.
On BSE, 16,000 shares were traded in the counter as against average daily volume of 2,817 shares in the past one quarter.
The stock hit a high of Rs 145 and a low of Rs 131.40 so far during the day. The stock had hit a 52-week low of Rs 121.80 on 6 August 2013. The stock had hit a 52-week high of Rs 282.70 on 9 January 2013.
The stock had outperformed the market over the past one month till 25 October 2013, surging 6.24% compared with the Sensex's 4.17% rise. The scrip had, however, underperformed the market in past one quarter, sliding 3.18% as against Sensex's 4.44% rise.
The small-cap company has equity capital of Rs 15.19 crore. Face value per share is Rs 10.
Everest Industries' net sales declined 10.4% to Rs 198.03 crore in Q2 September 2013 over Q2 September 2012.
Everest Industries offers a complete range of world-class building solutions: roofing, ceiling, wall, flooring, cladding, door and pre-engineered steel buildings for the industrial, commercial and residential sectors.
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