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HeidelbergCement falls after weak Q1 result

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Capital Market

HeidelbergCement India declined 1.2% to Rs 69.50 at 09:50 IST on BSE after net profit dropped 82.9% to Rs 8.16 crore on 11.9% fall in total income to Rs 410.20 crore in Q1 March 2015 over Q1 March 2014.

The result was announced after market hours yesterday, 25 May 2015.

Meanwhile, the S&P BSE Sensex was down 17.95 points or 0.06% at 27,625.93

On BSE, so far 26,236 shares were traded in the counter as against average daily volume of 67,772 shares in the past one quarter.

The stock hit a high of Rs 70.65 and a low of Rs 67.60 so far during the day. The stock had hit a 52-week high of Rs 104 on 7 October 2014. The stock had hit a 52-week low of Rs 51.90 on 26 May 2014.

 

The small-cap company has equity capital of Rs 226.62 crore. Face value per share is Rs 10.

HeidelbergCement India is a subsidiary of Cementrum I. B.V.( a Company incorporated under the laws of The Netherlands, which is 100% controlled by HeidelbergCement AG).

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First Published: May 26 2015 | 10:04 AM IST

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