Hot Pursuit     03-Nov-11
Whirlpool of India slumps as Q2 earnings disappoint
Whirlpool of India tumbled 6.66% to Rs 199.75 at 15:00 IST on BSE after net profit declined 53% to Rs 14.36 crore on 0.61% decline in net sales to Rs 624.28 crore in Q2 September 2011 over Q2 September 2010.

The result was announced during trading hours today, 3 November 2011.

Meanwhile, the BSE Sensex was down 6.07 points, or 0.03%, to 17,458.78.

On BSE, 72,000 shares were traded in the counter compared with average volume of 10,000 shares over the past two weeks.

The stock hit a high of Rs 217.80 and a low of Rs 196.15 so far during the day.

Whirlpool of India is a recognised brand in home appliances in India. The company owns three state-of-the-art manufacturing facilities at Faridabad, Pondicherry and Pune.

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