The stock has rallied over 20% in the past three trading sessions compared with a 1.8% decline in benchmark S&P BSE Sensex.
BSE Metal index down nearly 2%
BSE Midcap and Smallcap indices have gained between 0.3-1%.
Q1 net profit down 32% qoq at Rs 70 crore due to decline in revenues from some of its top customers
The company's volume growth in Q4FY2014 moderated to 3% from 4% in Q3FY2014 and 5% in Q2FY2014.
Markets extended losses as investors turned cautious and booked profits in large-cap stocks
Titagarh Wagons, Kalindee Rail Nirman, Kernex Microsystems and Hind Rectifiers are down 3-9% on the BSE.
Check out the technical trends in select stocks with Kunal Bothra, technical analyst at LKP Securities
Weakness in metals and banking stocks are dragging the indices
The stock has rallied over 20% in the past two trading sessions compared with a 0.77% fall in benchmark S&P BSE Sensex
The Q4 consolidated net profit jumped more than four-fold to Rs 40.50 crore on the back of strong operational performance.
The weakness in the banking space is exerting pressure on the indices
Dashtag, the promoter of Fulford India made voluntary delisting offer at an indicative price of Rs 1,150.
The company said it has been awarded an order worth around Rs 3,200 crore from National Highways Authority of India.
The Sensex is at 22,660, higher by 30 points and the Nifty is 6774, up 13 points.
Markets likely to see a flat opening
But this profit booking spree may not continue longer as yields are once again seen rising from current levels
Assume a stable govt at the Centre after the polls, which does not delay actions that can boost the economy; even so, investors should be choosy, say experts