The company declared the results on Saturday, 29 January 2011.

Meanwhile, the BSE Sensex was down 184.65 points, or 1%, to 18,211.32.

On BSE, 76,088 shares were traded in the counter compared with the average daily volume of 79,253 shares in the past one quarter.

The stock hit a high of Rs 108.40 and a low of Rs 104 so far during the day. The stock had hit a record high of Rs 161.55 on 25 October 2010 and a 52-week low of Rs 84.70 on 5 February 2010.

The small-cap stock had underperformed the market over the past one month till 28 January 2011, declining 13.08% compared with the Sensex's 8.14% fall. It had also underperformed the market in past one quarter, falling 31.49% as against Sensex's decline of 7.75%.

The company has an equity capital of Rs 53.85 crore. Face value per share is Rs 10.

During quarter ended December 2010, the company earned a sum of Rs 88.48 crore as profit on sale of long term investments, which consists of profit on sale of equity shares of LIC Mutual Fund Asset Management Company and LIC Mutual Fund Trustee Company. The company also made additional provision for contingencies amounting to Rs 40 crore in Q3 December 2010, which includes additional voluntary provision and provision required in terms of newly introduced National Housing Bank circular dated 24 December 2010 for housing loans offered under differential rate of interest schemes.