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Kokuyo Camlin tumbles after dismal Q2 results

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Capital Market

Kokuyo Camlin fell 7.80% to Rs 81 at 12:23 IST on BSE after the company reported net loss of Rs 3.68 crore in Q2 September 2016, higher than net loss of Rs 0.60 crore in Q2 September 2015.

Meanwhile, the BSE Sensex was down 229.44 points, or 0.82%, to 27,861.98.

On BSE, so far 1.44 lakh shares were traded in the counter, compared with average daily volume of 37,558 shares in the past one quarter. The stock hit a high of Rs 82.65 and a low of Rs 79 so far during the day. The stock hit a 52-week high of Rs 113.90 on 6 November 2015. The stock hit a 52-week low of Rs 65 on 12 February 2016. The stock had outperformed the market over the past 30 days till 25 October 2016, rising 6.16% compared with 0.72% decline in the Sensex. The scrip had also outperformed the market in past one quarter, rising 11.70% as against Sensex's 0.24% rise.

 

The small-cap company has equity capital of Rs 10.03 crore. Face value per share is Re 1.

Kokuyo Camlin's total income from operations fell 0.15% to Rs 129.58 crore in Q2 September 2016 over Q2 September 2015.

Kokuyo Camlin makes stationery and colour products.

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First Published: Oct 26 2016 | 12:18 PM IST

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