Orchid Chemicals plunges after Q3 net loss of Rs 10.12 cr

Orchid Chemicals was at Rs 172.55, down 9.02% on the NSE. It touched a high of Rs 194.70 and low of Rs 171.20 in trade so far

Orchid Chemicals & Pharmaceuticals reported standalone net loss of Rs 10.12 crore for quarter ended December 2011 against net profit of Rs 52.56 crore in the same period a year ago.

Net sales were at Rs 463.80 crore as compared to Rs 427.14 crore in the corresponding quarter a year ago.

The stock was at Rs 172.55, down 9.02 per cent on the NSE.

It touched a high of Rs 194.70 and low of Rs 171.20 in trade so far.
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