HSIL slides after dismal Q2 earnings

HSIL lost 3.62% to Rs 227.75 at 11:09 IST on BSE after net profit dropped 80.13% to Rs 4.67 crore on 17.22% growth in net sales to Rs 622.65 crore in Q2 September 2018 over Q2 September 2017.

The result was announced after market hours yesterday, 29 October 2018.

Meanwhile, the S&P BSE Sensex was up 8.13 points or 0.02% at 34,075.53

On the BSE, 3,676 shares were traded on the counter so far as against the average daily volumes of 3,478 shares in the past two weeks. The stock had hit a high of Rs 235.90 and a low of Rs 223.65 so far during the day.

 

HSIL is engaged in the manufacture and distribution of sanitary-ware and glass containers primarily in India.

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