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Meanwhile, the BSE Sensex was down 52.20 points, or 0.29%, to 18,174.15.
On BSE, 50,000 shares were traded in the counter as against an average daily volume of 1.47 lakh shares in the past one quarter.
The stock hit a high of Rs 86.40 and a low of Rs 83 so far during the day. The stock had hit a 52-week high of Rs 91.80 on 24 August 2010 and a 52-week low of Rs 52.10 on 11 September 2009.
Asahi India Glass expects revenue at Rs 1700 crore for the year ending March 2011 (FY 2011), Labroo added. The company had consolidated net sales of Rs 1293.88 crore for the year ended March 2010 (FY 2010). On standalone basis, the company had registered net sales of Rs 1263.38 crore for FY 2011.
Asahi India Glass reported consolidated net profit of Rs 2.78 crore for Q1 June 2010 compared with a net loss of Rs 7.81 crore in Q1 June 2009. Net sales rose 10.7% to Rs 338.85 crore in Q1 June 2010 over Q1 June 2009.
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