Gujarat Fluorochemicals lost 2.87% to Rs 240 at 9:58 IST on BSE after consolidated net profit declined 59.68% to Rs 56.06 crore on 8.69% growth in total income from operations to Rs 704.72 crore in Q2 September 2013 over Q2 September 2012.
The Q2 result was announced after market hours on Tuesday, 22 October 2013.
Meanwhile, the S&P BSE Sensex was down 83.99 points or 0.4% at 20,780.98.
On BSE, 2751 shares were traded in the counter as against average daily volume of 13,420 shares in the past one quarter.
The stock hit a high of Rs 245.40 and a low of Rs 239 so far during the day. The stock had hit a 52-week low of Rs 190 on 22 August 2013. The stock had hit a 52-week high of Rs 365.95 on 23 October 2012.
The stock had underperformed the market over the past one month till 22 October 2013, gaining 2.85% compared with the Sensex's 2.97% rise. The scrip had also underperformed the market in past one quarter, declining 10.49% as against Sensex's 3.5% rise.
The small-cap company has equity capital of Rs 10.99 crore. Face value per share is Re 1.
Gujarat Fluorochemicals (GFL) is a part of INOX Group. The company has interests in diverse businesses, including industrial gases, refrigerants, chemicals and carbon credits.
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