Hot Pursuit     10-Aug-17
Symphony tumbles after weak Q1 results
Symphony fell 8.77% to Rs 1,214.95 at 15:05 IST on BSE after net profit fell 23.83% to Rs 24.04 crore on 9.84% decline in total revenue to Rs 142.40 crore in Q1 June 2017 over Q1 June 2016.
The result was announced during trading hours today, 10 August 2017.

Meanwhile, the S&P BSE Sensex was down 269.60 points, or 0.85% to 31,528.24.

On the BSE, 27,000 shares were traded in the counter so far, compared with average daily volumes of 3,640 shares in the past one quarter. The stock had hit a high of Rs 1,349.45 and a low of Rs 1,195.95 so far during the day. The stock hit a 52-week high of Rs 1,571.45 on 23 March 2017. The stock hit a 52-week low of Rs 1,571.45 on 23 March 2017.

The stock had underperformed the market over the past one month till 9 August 2017, falling 1.36% compared with 0.16% rise in the Sensex. The scrip had also underperformed the market in past one quarter, falling 9.93% as against Sensex's 5.11% rise. The scrip had outperformed the market in past one year, rising 16.76% as against Sensex's 14.48% rise.

The mid-cap company has equity capital of Rs 13.99 crore. Face value per share is Rs 2.

Symphony is engaged in manufacturing and trading of residential, commercial and industrial air coolers, both in the domestic and international markets.

Previous News
  Symphony designates Nrupesh Shah as MD - Corporate Affairs
 ( Corporate News - 27-Oct-23   16:01 )
  Symphony announces change in CEO- International Subsidiaries
 ( Corporate News - 06-Jul-23   18:42 )
  Board of Symphony approves buyback of shares up to Rs 200 cr
 ( Corporate News - 08-Feb-23   14:23 )
  Symphony fixes record date for 2nd interim dividend
 ( Market Beat - Reports 14-Oct-22   12:06 )
  Symphony to announce Quarterly Result
 ( Corporate News - 19-Jul-22   16:11 )
  Volumes jump at ICRA Ltd counter
 ( Hot Pursuit - 02-Mar-21   14:30 )
  Symphony standalone net profit rises 17.45% in the December 2016 quarter
 ( Results - Announcements 10-Feb-17   15:40 )
  Symphony
 ( Analyst Meet / AGM - Conference Call 14-Feb-17   11:49 )
  Symphony to conduct board meeting
 ( Corporate News - 27-Oct-17   17:32 )
  Volumes soar at Symphony Ltd counter
 ( Hot Pursuit - 08-Feb-23   14:30 )
  Symphony consolidated net profit rises 85.71% in the December 2022 quarter
 ( Results - Announcements 08-Feb-23   15:48 )
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