Meanwhile, the S&P BSE Sensex was down 30.56 points or 0.15% at 19,820.67.

On BSE, 15,000 shares were traded in the counter as against average daily volume of 13,882 shares in the past one quarter.

The stock was volatile. The stock tumbled as much as 7.07% at the day's low of Rs 3,234 so far during the day. The stock rose as much as 1.2% at the day's high of Rs 3,522.65 so far during the day. The stock had hit a record high of Rs 3,996 on 10 October 2012. The stock had hit a 52-week low of Rs 2,870 on 16 April 2013.

The stock had outperformed the market over the past one month till 16 July 2013, surging 11.75% compared with the Sensex's 3.51% gain. The scrip had also outperformed the market in past one quarter, jumping 16.13% as against Sensex's 5.9% rally.

The mid-cap company has equity capital of Rs 11.34 crore. Face value per share is Rs 10.

Shares of TTK Prestige have fallen 14.77% in three trading sessions from Rs 3,831.25 on 12 July 2013, after the company during trading hours on 15 July 2013, reported weak Q1 earnings.

TTK Prestige's net profit declined 15.9% to Rs 25.79 crore on 1.3% growth in net sales to Rs 306.33 crore in Q1 June 2013 over Q1 June 2012. Earnings before interest, taxation, depreciation and amortization (EBITDA) declined 12.11% to Rs 43.10 crore in Q1 June 2013 over Q1 June 2012.

Export sales declined 33.6% to Rs 11.46 crore in Q1 June 2013 over Q1 June 2012. In the current year (FY 2014), major orders are slated from Q2 September 2013, TTK Prestige said.

TTK Prestige said that Q1 June 2013 results are in line with the guidance that Q1 results would be flat or somewhat depressed due to base effect as well as economic slowdown. Previous year's figures include World Kitchen Products which is discontinued now, TTK Prestige said. Also Q1 June 2012 was not affected by power shortages in key Southern markets and hence comparison is vitiated, TTK Prestige said. Some revival is seen in Tamil Nadu market in Q1 June 2013 as compared to Q4 March 2013, TTK Prestige said. Growth in non-south markets continues to be promising, it added.

Throwing light on progress of its projects, TTK Prestige said that trial runs are being carried out in Gujarat plant since 10 July 2013. The balance outlay of Rs 50 crore will be spent in FY 2014, TTK Prestige said.

Going forward, TTK Prestige said that the power situation in southern states is improving and hence should help revival in southern states. New ranges/models are slated for launch from Q2 September 2013. TTK Prestige said that decent growth can be expected from Q2 September 2013. However, weakening rupee can impact margins in the short-term, TTK Prestige added.

TTK Prestige makes kitchen appliances under 'Prestige' brand.