Hot Pursuit     31-Jul-17
Seshasayee Paper declines after weak Q1 numbers
Seshasayee Paper and Boards fell 4.15% to Rs 735 at 10:45 IST on BSE after net profit fell 9.8% to Rs 21.75 crore on 1.3% decrease in net sales to Rs 238.64 crore in Q1 June 2017 over Q1 June 2016.

The result was announced on Saturday, 29 July 2017.

Meanwhile, the S&P BSE Sensex was up 97.47 points, or 0.3% at 32,407.35. The S&P BSE Small-Cap index was up 21.88 points, or 0.14% at 16,094.21.

On the BSE, 3,241 shares were traded on the counter so far as against the average daily volumes of 1,416 shares in the past one quarter. The stock had hit a high of Rs 749 and a low of Rs 721 so far during the day. The stock had hit a record high of Rs 880 on 6 February 2017 and a 52-week low of Rs 381.50 on 16 August 2016.

The stock had underperformed the market over the past one month till 28 July 2017, advancing 2.82% compared with the Sensex's 4.79% rise. The scrip had also underperformed the market over the past one quarter advancing 6.46% as against the Sensex's 7.99% rise. The scrip had, however, outperformed the market over the past one year advancing 84.35% as against the Sensex's 14.54% rise.

The small-cap company has equity capital of Rs 12.61 crore. Face value per share is Rs 10.

Seshasayee Paper and Boards is engaged in the manufacture of printing and writing papers.

Previous News
  Seshasayee Paper & Boards consolidated net profit declines 62.30% in the September 2020 quarter
 ( Results - Announcements 07-Nov-20   15:48 )
  Seshasayee Paper & Boards receives affirmation in credit ratings
 ( Corporate News - 08-Apr-22   11:53 )
  Seshasayee Paper & Boards to convene AGM
 ( Corporate News - 27-Apr-24   15:45 )
  Seshasayee Paper & Boards to table results
 ( Corporate News - 10-Apr-24   14:12 )
  Seshasayee Paper & Boards consolidated net profit rises 35.72% in the March 2021 quarter
 ( Results - Announcements 08-May-21   18:09 )
  Seshasayee Paper & Boards to convene board meeting
 ( Corporate News - 14-Jan-19   16:27 )
  Seshasayee Paper & Boards to conduct AGM
 ( Corporate News - 02-May-23   15:18 )
  Seshasayee Paper & Boards to hold board meeting
 ( Corporate News - 05-May-16   14:09 )
  Board of Seshasayee Paper & Boards recommends Special Dividend
 ( Corporate News - 30-May-20   17:46 )
  Board of Seshasayee Paper & Boards recommends Final Dividend
 ( Corporate News - 27-May-19   10:50 )
  Board of Seshasayee Paper & Boards recommends Final Dividend
 ( Corporate News - 27-Apr-24   14:22 )
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