Hindustan Copper falls as Q3 profit slips

13th February 2013 10:18 AM

Hindustan Copper, a Government-owned corporation, fell on Wednesday after it has posted a fall of 4.17% in its Q3net profit.

The company announced a fall of 4.17% in its net profit to Rs 758.4 million for the quarter ended Dec. 31, 2012 as compared to Rs 791.4 million in the same period last year.

Net sales of the company decreased by 10.27% to Rs 3.11 billion for the quarter ended Dec. 31, 2012 from Rs 3.47 billion in the year ago period. Shares ofthe companyare trading at Rs 128.25, down Rs 2.7, or 2.06% at the Bombay Stock Exchange (BSE) on Wednesday at 9:25 a.m.The scrip has touched an intra-day high of Rs 132.20 and low of Rs 127.30. The total volume of shares traded at the BSE is 64,619.In the earlier session, the shares fell 4.45%, or Rs 6.1, at Rs 130.95. Currently, the stock is trading down 58.75% from its 52-week high of Rs 310.90 and above 5.51% over the 52-week low of Rs 121.55.

Share Price Movement Period Pricein Rs Gain/(Loss) in Rs in % 1 Week 126.55 4.40 3.48 1 Month 141.15 (10.20) (7.23) 3 Months 250.50 (119.55) (47.72) 6 Months 262.50 (131.55) (50.11) 1 Year 291.70 (160.75) (55.11) Note: Based on previous day closing price.
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