Ingersoll-Rand (India) fell 2.65% to Rs 833.50 at 10:29 IST on BSE after net profit fell 14.2% to Rs 13.53 crore on 1.5% decline in net sales to Rs 147.01 crore in Q1 June 2017 over Q1 June 2016.
The result was announced after market hours yesterday, 2 August 2017.Meanwhile, the S&P BSE Sensex was down 178.55 points, or 0.55% to 32,298.19.
On the BSE, 1,948 shares were traded in the counter so far, compared with average daily volumes of 3,746 shares in the past one quarter. The stock had hit a high of Rs 860.50 and a low of Rs 828 so far during the day. The stock hit a 52-week high of Rs 940 on 3 May 2017. The stock hit a 52-week low of Rs 645 on 31 January 2017.
The stock had underperformed the market over the past one month till 2 August 2017, rising 1.36% compared with 4.06% rise in the Sensex. The scrip had also underperformed the market in past one quarter, falling 5.37% as against Sensex's 7.80% rise. The scrip had also underperformed the market in past one year, rising 15.36% as against Sensex's 17.26% rise.
The small-cap company has equity capital of Rs 31.57 crore. Face value per share is Rs 10.
Ingersoll-Rand (India) is primarily engaged in the business of manufacturing and sale of industrial air compressors of various capacities and related services, and its complete machines and spare parts.
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