Rossel India was locked at 5% lower circuit at Rs 57.30 at 9:49 IST on BSE after the company reported net loss of Rs 3.20 crore in Q1 June 2014 as against net profit of Rs 0.59 crore in Q1 June 2013.
The Q1 result was announced after market hours on Wednesday, 6 August 2014.
Meanwhile, the S&P BSE Sensex was down 41.15 points or 0.16% at 25,624.12.
On BSE, so far 2,045 shares were traded in the counter as against average daily volume of 3,628 shares in the past two weeks.
The stock hit a high of Rs 57.50 so far during the day.
Rossel India's total income from operations declined 12.37% to Rs 14.45 crore in Q1 June 2014 over Q1 June 2013.
Rossell India operates in three business divisions' viz. tea, aviation & defence (technology and engineering) and product support services (aerospace).
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