Exide Industries slips 10% on disappointing results
Exide Industries posted net profit of Rs 51.15 crore for September 30, 2011 as compared to Rs 212.93 crore in the same quarter.
By ET Online | Updated:
NEW DELHI: Exide Industries posted net profit of Rs 51.15 crore for quarter ended September 30, 2011 as compared to Rs 212.93 crore in the same quarter a year ago. Total income increased to Rs 1183.99 crore from Rs 1146.29 crore.
The board of directors has declared an interim dividend of Re 0.90 per share (90% on the face value of Re 1 each) for the year 2011-12.
The stock was at Rs 122.10, down 7.04 per cent on the BSE. It touched a high of Rs 131.95 and low of Rs 118.10, down over 10%.
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The board of directors has declared an interim dividend of Re 0.90 per share (90% on the face value of Re 1 each) for the year 2011-12.
The stock was at Rs 122.10, down 7.04 per cent on the BSE. It touched a high of Rs 131.95 and low of Rs 118.10, down over 10%.
For live quotes of the 50-share Nifty index companies please click here
For live quotes of the 30-share Sensex companies please click here
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