Educomp Solutions slumped 8.84% to Rs 628.80 at 10:08 IST on BSE after consolidated net profit dropped 39.57% to Rs 36.48 crore on 31.58% fall in net sales to Rs 227.88 crore in Q1 June 2010 over Q4 March 2010.<\/p>\n
The Q1 June 2010 result was announced after market hours on Tuesday, 10 August 2010<\/p>\n
Meanwhile, the BSE Sensex was down 37.53 points, or 0.21%, to 18,182.46<\/p>\n
On BSE, 4.81 lakh shares were traded in the counter as against an average daily volume of 4.58 lakh shares in the past one quarter.<\/p>\n
The stock hit a high of Rs 670 and a low of Rs 620 so far during the day. The stock had hit a 52-week high of Rs 1017 on 5 October 2009 and a 52-week low of Rs 441.80 on 26 May 2010.<\/p>\n
The stock had outperformed the market over the past one month till 10 August 2010, surging 26.89% as compared to the Sensex 2.17% rise. It also outperformed the market in past one quarter, gaining 6.95% as against 5.13% rise in the Sensex.<\/p>\n
The mid-cap e-learning solution provider has an equity capital of Rs 19.09 crore. Face value per share is Rs 2<\/p>\n