Hindustan Copper falls as Q3 profit slips
By IRIS
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.
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