Castrol India drops on poor Q3 numbers
By IRIS
25th October 2012 10:18 AM
Castrol India dropped on Thursday after
it posted poor Q3 numbers.
The company reported a decrease of 9.88% in consolidated net profit to Rs 857 million for the quarter ended Sept. 30, 2012 as compared to Rs 951 million in the same period last year.
During the quarter, the company saw a
increase of 7% in total income to Rs 7.21 billion from Rs 6.74
billion in the same quarter last year.Shares ofthe companyare
trading at Rs 318, down Rs 5.2, or 1.61% at the Bombay Stock
Exchange (BSE) on Thursday at 9:35 a.m.The scrip has touched an
intra-day high of Rs 324.95 and low of Rs 316.20. The total volume
of shares traded at the BSE is 3,300.In the earlier session, the
shares lost 0.77%, or Rs 2.5, at Rs 323.20. Currently, the stock is
trading down 5.92% from its 52-week high of Rs 338 and above 65.17%
over the 52-week low of Rs 192.53.
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