BASF India tumbles 4.8% after poor Q3 nos

The company reported net loss of Rs. 106.38 crore for the quarter ended December 31, 2015.

BASF India tumbled 4.8% to Rs.799.95 on BSE. The company reported net loss of Rs. 106.38 crore for the quarter ended December 31, 2015. The company’s revenue stood at Rs. 1131.7 crore registering growth of 15.77% yoy.

The scrip opened at Rs. 820 and has touched a high and low of Rs. 820 and Rs. 782.1 respectively. So far 30985(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 3638.09 crore.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 1497.6 on 20-Jan-2015 and a 52 week low of Rs. 830 on 18-Jan-2016. Last one week high and low of the scrip stood at Rs. 904.95 and Rs. 830 respectively.

The promoters holding in the company stood at 73.33 % while Institutions and Non-Institutions held 6.45 % and 20.22 % respectively.

The stock is currently trading above its 200 DMA.