TTK Prestige shares fall over 5% on weak Q1 results

MUMBAI: Shares of TTK Prestige were witnessing selling pressure after its net profit fell 16 per cent to Rs 25.79 crore for the quarter ended June 2013 as compared to a net profit of Rs 30.68 crore in the corresponding quarter last fiscal.

Total income increased to Rs 306.33 crore for the said quarter from Rs 302.53 crore in the same quarter last fiscal.

At 03:10 p.m.; the stock was at Rs 3,627.45, down 5.32 per cent, on the BSE. It touched a high of Rs 3,899 and a low of Rs 3,566.60 in trade today.