Whirlpool plunges 8% on disappointing Q3 numbers

Whirlpool of India, a leading manufacturer of home appliances, dropped 8% on Monday after reporting a drop of 52.4% in net profit on year-on-year basisto Rs 100.7 million for the quarter ended Dec. 31, 2012.

During the quarter, total income has increased marginally by0.6% from Rs 6.20 billion as compared to Rs 6.24 billion. Shares ofthe companyare trading at Rs 247.95, down Rs 21.55, or 8% at the Bombay Stock Exchange (BSE) on Monday at 3:11 p.m.The scrip has touched an intra-day high of Rs 274.35 and low of Rs 243.05. The total volume of shares traded at the BSE is 86,052.In the earlier session, the shares rose 3.55%, or Rs 9.25, at Rs 269.50. Currently, the stock is trading down 14.34% from its 52-week high of Rs 289.45 and above 48.34% over the 52-week low of Rs 167.15.

Share Price Movement Period Pricein Rs Gain/(Loss) in Rs in % 1 Week 277.35 (7.85) (2.83) 1 Month 270.25 (0.75) (0.28) 3 Months 251.00 18.50 7.37 6 Months 220.30 49.20 22.33 1 Year 173.05 96.45 55.74 Note: Based on previous day closing price.