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Excel Crop Care slumps after dismal Q3 results

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Capital Market

Excel Crop Care tumbled 4.46% to Rs 996.45 at 9:48 IST on BSE after net profit fell 92.9% to Rs 0.98 crore on 18.9% decline in net sales to Rs 165.30 crore in Q3 December 2014 over Q3 December 2013.

The Q3 result was announced after market hours yesterday, 20 January 2015.

Meanwhile, the S&P BSE Sensex was up 141.12 points or 0.49% at 28,925.79.

On BSE, so far 12,000 shares were traded in the counter as against average daily volume of 2,372 shares in the past two weeks.

The stock hit a high of Rs 998.95 and a low of Rs 932.65 so far during the day.

 

Excel Crop Care manufactures agrochemicals, which includes insecticides, weedicides and fungicides.

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First Published: Jan 21 2015 | 9:43 AM IST

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