The BSE Sensex, meanwhile, was up 11 points, or 0.08%, to 14,853.

On BSE, 10,319 shares were traded on the counter today. The scrip had an average daily volume of 5,047 shares in the past one quarter.

Shares of third largest automobile engine parts maker by sales had hit a high of Rs 175 and a low of Rs 160 so far during the day. The stock had touched a 52-week high of Rs 449.40 on 5 January 2007 and a 52-week low of Rs 143.05 on 24 August 2006.

Federal-Mogul Goetze (India) had underperformed the market over the last one month to 27 August 2007, declining 12.35% compared to the Sensex’s fall of 2.57%. It had also underperformed the market over the past quarter, declining 36.94% compared to the Sensex’s rise of 2.3%.

From a recent high of Rs 181.45 on 1 August 2007 the scrip declined 20.44% to Rs 144.35 on 24 August 2007. It rose to Rs 159 on 27 August 2007.

The company's current equity is Rs 25.29 crore. Face value per share is Rs 10.

The current price of Rs 173.65 discounts its Q1 June 2007 EPS of Rs 1.36 by a PE multiple of 127.68.

Federal-Mogul Goetze (India) announced after the market hours on Monday, 27 August 2007, that the board of directors has approved rights issue of 73.33 lakh equity shares of Rs 10 each at an issue price of Rs 145 per equity share (including a premium of Rs 135 per equity share) aggregating Rs 106.33 crore. The rights issue will be in the ratio of 29:100 (29 equity shares for every 100 equity shares held).

Earlier on 14 August 2007, the company had revised downward the price band of its rights issue to Rs 145-Rs 170 per share, from the earlier band of Rs 180-Rs 215.

The company reported a net profit of Rs 0.86 crore in Q2 June 2007 as against net loss of Rs 6.46 crore in Q2 June 2006. Sales rose 28.01% to Rs 146.58 crore in Q2 June 2007 over Q2 June 2006.

The products of Federal-Mogul Goetze (India) range from piston rings, pistons, cylinder liners, light alloy castings to sintered products. Within the original equipment manufacturing (OEM) segment, the company's revenue is spread across all auto players including Tata Motors, M&M, Bajaj Auto and TVS.