The company made this announcement before trading hours today, 10 June 2008.

Meanwhile, the BSE Sensex was down 259.82 points, or 1.72%, to 14,806.28.

On BSE, 4,405 shares were traded in the counter. The scrip had an average daily volume of 51,661 shares in the past one quarter.

The stock hit a high of Rs 67.15 and a low of Rs 64.15 so far during the day. The stock had a 52-week high of Rs 248.17 on 26 June 2007 and a 52-week low of Rs 50.65 on 25 March 2008.

The small-cap company had outperformed the market over the past one month till 9 June 2008, declining 7.97% compared to the Sensex’s decline of 9.98%. It had underperformed the market in the past one quarter, declining 18.56% compared to Sensex’s decline of 6.56%.

The company’s current equity is Rs 32.62 crore. Face value per share is Rs 10.

The current price of Rs 64.70 discounts its Q1 March 2008 annualised EPS of Rs 5.40, by a PE multiple of 11.98.

Federal-Mogul Goetze India’s net profit rose 2.8% to Rs 4.40 crore on 18.9% increase in net sales to Rs 178.14 crore in Q1 March 2008 over Q1 March 2007.

The company is engaged in manufacturing auto components. The products include piston rings, sintered parts and cylinder liners for two, three and four wheelers, cars, tractors, light commercial vehicles, heavy commercial vehicles, stationary engines and high output locomotive diesel engines.