The stock so far has plunged 5.7 per cent to touch a low at Rs. 164.
Tribhovandas Bhimji Zaveri is trading on weak note after the company reported 66 per cent decline in Q3 net profit on year-on-year basis.
The company recorded net profit of Rs. 6.47 crore for Q3FY15, as against Rs. 19.07 crore in Q3FY14.
Whereas, total income rose by 18.4 per cent to Rs. 612 crore from Rs. 517 crore.
The stock opened with a loss of 3.1 per cent at Rs. 168 and soon, plunged 5.7 per cent to touch a low at Rs. 164.
Now, the stock is down 4.4 per cent at Rs. 166. The BSE counter has seen trades of around 12,000 shares, when compared with its two-week daily average volume of 102,000 shares.
Meanwhile, the Sensex is up 42 points at 29,042.
Tribhovandas Bhimji Zaveri is trading on weak note after the company reported 66 per cent decline in Q3 net profit on year-on-year basis.
The company recorded net profit of Rs. 6.47 crore for Q3FY15, as against Rs. 19.07 crore in Q3FY14.
Whereas, total income rose by 18.4 per cent to Rs. 612 crore from Rs. 517 crore.
The stock opened with a loss of 3.1 per cent at Rs. 168 and soon, plunged 5.7 per cent to touch a low at Rs. 164.
Now, the stock is down 4.4 per cent at Rs. 166. The BSE counter has seen trades of around 12,000 shares, when compared with its two-week daily average volume of 102,000 shares.
Meanwhile, the Sensex is up 42 points at 29,042.
No comments:
Post a Comment