The company announced the results on Saturday, 2 August 2008.

Meanwhile, the BSE Sensex was up 23.26 points, or 0.16%, to 14,679.95.

On BSE, 1,317 shares were traded in the counter. The scrip had an average daily volume of 11,164 shares in the past one quarter.

The stock hit a high of Rs 40.50 and a low of Rs 40 so far during the day. The stock had a 52-week high of Rs 211 on 2 August 2007 and a 52-week low of Rs 36 on 1 July 2008.

From a recent low of Rs 38.80 on 29 July 2008 the stock rose 0.52% to Rs 39 on 1 August 2008. The stock declined 0.51% to Rs 39 on 1 August 2008.

The small-cap company had underperformed the market over the past one month till 1 August 2008, gaining 3.04% compared to the Sensex’s return of 11.93%. It had also underperformed the market in the past one quarter, declining 46.13% compared to Sensex’s decline of 16.72%.

The company has an equity capital of Rs 15.24 crore. Face value per share is Rs 10.

Allsec Technologies’ net sales fell 2.13% to Rs 19.26 crore in Q1 June 2008 over Q1 March 2008.

The company reported a net loss of Rs 6.08 crore in Q1 June 2008 as against net profit of Rs 4.57 crore in Q1 June 2007. Net sales fell 25.6% to Rs 19.26 crore in Q1 June 2008 over Q1 June 2007.

The company provides information technology enabled services. The services provided by the group includes data verification, processing of orders received through telephone calls, telemarketing, monitoring quality of calls of other call centers, customer services and human resources and payroll processing for domestic companies and US companies.