Punjab Chemicals & Crop Protection declined 2.22% to Rs 143.10 at 13:09 IST on BSE, after the company reported higher net loss of Rs 15.57 crore for Q1 June 2010 compared with a net loss of Rs 3.45 crore in Q1 June 2009.
Meanwhile, the BSE Sensex was down 93.46 points, or 0.51% at 18,194.04.
On BSE, 4,447 shares were traded in the counter as against an average daily volume of 13,130 shares in the past one quarter.
The stock hit a high of Rs 146.35 and a low of Rs 137.70 so far during the day. The stock had hit a 52-week high of Rs 196.50 on 18 December 2009 and a 52-week low of Rs 112.15 on 27 May 2010.
The small-cap stock had underperformed the market over the past one month till 9 August 2010, rising 1.60% as compared to the Sensex’s return of 2.55%. It had also underperformed the market in the past one quarter, declining 0.61% as compared to the Sensex’s return of 9.05%.
The company has an equity capital of Rs 7.19 crore. Face value per share is Rs 10.
Punjab Chemicals & Crop Protection’s net sales fell 6.7% to Rs 76.42 crore in Q1 June 2010 over Q1 June 2009. The company declared its results after market hours on Monday, 9 August 2010.