Coromandel Int`l down 2.4% on weak Q2 earnings

Coromandel International fellon Tuesday after it reported a fall of 16.11% in consolidated net profit to Rs 2.37 billion for the quarter ended Sept. 30, 2012 as compared to Rs 2.82 billion in the same period last year.

Consolidated total income has decreased by 4.23% to Rs 26.75 billion for the quarter ended Sept. 30, 2012 from Rs 27.93 billion in the year ago period.Shares of the company are trading at Rs 275.95, down Rs 6.85, or 2.42% at the Bombay Stock Exchange (BSE) on Tuesday at 9:52 a.m.The scrip has touched an intra-day high of Rs 277.85 and low of Rs 274. The total volume of shares traded at the BSE is 8,730.In the earlier session, the shares declined 1.39%, or Rs 4, at Rs 282.80. Currently, the stock is trading down 19.31% from its 52-week high of Rs 342 and above 17.93% over the 52-week low of Rs 234.

Share Price Movement Period Pricein Rs Gain/(Loss) in Rs in % 1 Week 288.45 (5.65) (1.96) 1 Month 288.85 (6.05) (2.09) 3 Months 242.15 40.65 16.79 6 Months 268.20 14.60 5.44 1 Year 332.80 (50.00) (15.02) Note: Based on previous day closing price.