Supreme Petrochem drops after weak Q4 result

Supreme Petrochem lost 2.93% to Rs 321.15 at 09:39 IST on BSE after net profit dropped 41.11% to Rs 41.16 crore on 2.61% rise in total income to Rs 890.55 crore in Q4 March 2018 over Q4 March 2017.

The result was announced after market hours yesterday, 24 April 2018.

Meanwhile, the S&P BSE Sensex was down 73.96 points or 0.21% at 34,542.68.

On the BSE, 691 shares were traded on the counter so far as against the average daily volumes of 5,536 shares in the past one quarter. The stock had hit a high of Rs 325.20 and a low of Rs 318.65 so far during the day. The stock had hit a record high of Rs 447.20 on 27 April 2017. The stock had hit a 52-week low of Rs 301.50 on 26 March 2018.

 

The mid-cap company has equity capital of Rs 96.50 crore. Face value per share is Rs 10.

Supreme Petrochem manufactures styrene monomer and polystyrene.

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