Hot Pursuit     12-Aug-14
KCP slump as net loss widens in Q1
KCP tumbled 6.46% to Rs 44.20 at 12:22 IST after the company reported a net loss of Rs 7.54 crore in Q1 June 2014, higher than net loss of Rs 7.16 crore in Q1 June 2013.

The Q1 result was announced after market hours on Monday, 11 August 2014.

Meanwhile, the S&P BSE Sensex was up 152.12 points or 0.6% at 25,671.36.

On BSE, so far 21,000 shares traded in the counter as against average daily volume of 12,000 shares in past two weeks.

The stock hit a high of Rs 46.50 and a low of Rs 44.20 so far during the day.

KCP's total income from operations declined 18.97% to Rs 135.69 crore in Q1 June 2014 over Q1 June 2013.

KCP produces cement and it also makes industrial machinery.

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