Tata Metaliks slumped 7.47% to Rs 137.40 at 11:34 IST on BSE after consolidated net profit from continuing operations fell 0.61% to Rs 19.51 crore in Q3 December 2014 over Q3 December 2013.
The Q3 result was announced after market hours yesterday, 22 January 2015.
Meanwhile, the S&P BSE Sensex was up 191.74 points or 0.66% at 29,197.76.
On BSE, so far 1.86 lakh shares were traded in the counter as against average daily volume of 1.02 lakh shares in the past two weeks.
The stock hit a high of Rs 148.50 and a low of Rs 136.20 so far during the day.
Tata Metaliks' total income from operations (net) to Rs 321.08 crore in Q3 December 2014 over Q3 December 2013.
Tata Metaliks is a leading producer of foundry grade pig iron in the country.
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