Meanwhile, the BSE Sensex was down 55.34 points, or 0.36%, 15,411.47.

On BSE, 83,436 shares were traded in the counter. The stock had an average daily volume of 81,032 shares in the past one quarter.

The stock hit a high of Rs 39.50 and a low of Rs 36.25 so far during the day. The stock hit a 52-week high of Rs 65.45 on 18 June 2008 and a 52-week low of Rs 17 on 6 March 2009.

The small-cap stock had outperformed the market over the past one month till 10 June 2009, gaining 51% as compared to the Sensex's return of 30.23%. It had also outperformed the market in the past one quarter, jumping 118.21% as compared to the Sensex's return of 89.53%.

The company's current equity is Rs 30.59 crore. Face value per share is Rs 2.

Finolex Cables' total income declined 3.05% to Rs 1,341.51 crore in the year ended March 2009 over the year ended March 2008. The company's net profit tumbled 72.67% to Rs 2.73 crore on 22.72% fall in total income to Rs 327.05 crore in Q4 March 2009 over Q4 March 2008. The company announced the results during trading hours today, 11 June 2009.

The company incurred foreign exchange derivatives transactions loss of Rs 87.90 crore for the year ended March 2009 and Rs 43.77 crore for the quarter ended March 2009 respectively.

At the time of announcing results, the board of directors of the company recommended a dividend at the rate of Rs 0.20 per share (10%).

The company manufactures and markets a wide range of communication and electrical cables. The group operates in four segments: electrical cables, copper rods, communication cables and other.