Meanwhile, the BSE Sensex was down 587.89 points, or 2.11%, to 27,254.43.

On BSE, so far 37,911 shares were traded in the counter, compared with an average volume of 87,753 shares in the past one quarter.

The stock hit a high of Rs 16.25 and a low of Rs 15.70 so far during the day. The stock hit a 52-week high of Rs 20.58 on 23 September 2014. The stock hit a 52-week low of Rs 5.03 on 28 February 2014.

From a recent low of 14.45 on 26 December 2014, the stock had jumped 11.76% in six sessions to settle at 16.15 on 5 January 2015.

The stock had underperformed the market over the past one month till 5 January 2015, falling 2.71% compared with 2.16% fall in the Sensex. The scrip had however outperformed the market in past one quarter, gaining 6.25% as against Sensex's 4.8% rise.

The small-cap construction and infra-structure development company has an equity capital of Rs 20.54 crore. Face value per share is Re 1.

B L Kashyap and Sons jumped 6.6% to Rs 16.15 on Monday, 5 January 2015 after the company said before market hours on Monday, 5 January 2015, that the proposal of the company regarding the restructuring of its debt has been approved by the CDR Empowered Group of Corporate Debt Restructuring Cell and communicated vide its Provisional Letter of Approval dated 31 December 2014. The company is in the process of executing Master Restructuring Agreement (MRA) with the CDR lenders.

B L Kashyap and Sons reported net loss of Rs 10.46 crore in Q2 September 2014 compared with net loss of Rs 3.01 crore in Q2 September 2013. The company's total income fell 48.3% to Rs 194.42 crore in Q2 September 2014 over Q2 September 2013.