GNFC slumps after weak Q4 result

Capital Market 

lost 6.32% to Rs 288.85 at 15:12 IST on BSE after net profit dropped 71.5% to Rs 93.60 crore on 17.2% fall in total income to Rs 1502.77 crore in Q4 March 2019 over Q4 March 2018.

The result was announced after trading hours yesterday, 29 May 2019.

On the BSE, 1.72 lakh shares were traded in the counter so far, compared with average daily volumes of 62,000 shares in the past two weeks. The stock had hit a high of Rs 294.50 and a low of Rs 287.05 so far during the day.

The board of directors of (GNFC) has recommended a dividend of Rs 7 per share for the year ended 31 March 2019.

is one of the leading in the fertilizer industry in

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First Published: Thu, May 30 2019. 15:20 IST