Hot Pursuit     25-Oct-12
WABCO India skids on disappointing Q2 show
WABCO India fell 2.82% at Rs 1,627 at 12:09 IST on BSE after net profit declined 22.93% to Rs 32.83 crore on 4.90% fall in net sales to Rs 238.79 crore in Q2 September 2012 over Q2 September 2011.

The result was announced on Wednesday, 24 October 2012.

Meanwhile, the BSE Sensex was up 51.31 points, or 0.27%, to 18,761.33.

On BSE, 143 shares were traded in the counter as against an average daily volume of 598 shares in the past one quarter.

The stock hit a high of Rs 1,673.95 and a low of Rs 1,615.50 so far during the day. The stock had hit a record high of Rs 1,797.45 on 20 April 2012. The stock had hit a 52-week low of Rs 1,125.15 on 22 December 2011.

The stock had outperformed the market over the past one month till 23 October 2012, rising 7.28% compared with the Sensex's 0.23% fall. The scrip had also outperformed the market in past one quarter, gaining 15.40% as against Sensex's 10.86% rise.

The small-cap company has an equity capital of Rs 9.48 crore. Face value per share is Rs 5.

WABCO is a leading global supplier of technologies and control systems for the safety and efficiency of commercial vehicles.

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