Hot Pursuit     22-Jan-15
IFB Agro Industries slumps after poor Q3 results
IFB Agro Industries tanked 12.43% to Rs 342.50 at 10:20 IST on BSE after net profit declined 86.2% to Rs 1.25 crore on 11.5% growth in net sales to Rs 137.75 crore in Q3 December 2014 over Q3 December 2013.

The Q3 result was announced after market hours yesterday, 21 January 2015.

Meanwhile, the S&P BSE Sensex was up 138.25 points or 0.48% at 29,027.11.

On BSE, so far 18,000 shares were traded in the counter as against average daily volume of 15,633 shares in the past one quarter.

The stock hit a high of Rs 365.05 and a low of Rs 333 so far during the day. The stock had hit a 52-week low of Rs 148 on 7 April 2014. The stock had hit a record high of Rs 520.60 on 18 November 2014.

The stock had outperformed the market over the past one month till 21 January 2015, advancing 10.56% compared with the Sensex's 5.54% rise. The scrip had also outperformed the market in past one quarter, jumping 35.4% as against Sensex's 8.7% rise.

The small-cap company has equity capital of Rs 9.37 crore. Face value per share is Rs 10.

IFB Agro Industries is engaged in the business of manufacturing alcohol, bottling of branded alcoholic beverages as well as processed and packed marine foods both for domestic & export markets.

Previous News
  Gokul Agro Resources Ltd leads gainers in 'B' group
 ( Hot Pursuit - 27-Jan-21   12:15 )
  IFB Agro Industries receives reaffirmation in credit ratings
 ( Corporate News - 18-Nov-21   14:08 )
  IFB Agro Industries cancels board meeting
 ( Corporate News - 06-Feb-24   11:41 )
  IFB Agro Industries standalone net profit rises 20.38% in the June 2016 quarter
 ( Results - Announcements 21-Jul-16   15:10 )
  IFB Agro Industries schedules board meeting
 ( Corporate News - 20-Oct-18   09:44 )
  IFB Agro Industries schedules AGM
 ( Corporate News - 22-Jun-23   09:54 )
  IFB Agro Industries net profit rises 207.48% in the March 2009 quarter
 ( Results - Announcements 20-May-09   19:56 )
  IFB Agro Industries to hold AGM
 ( Corporate News - 22-Jun-22   19:32 )
  IFB Agro Industries appoints president & COO
 ( Corporate News - 01-Nov-12   18:06 )
  IFB Agro Industries AGM scheduled
 ( Corporate News - 03-Jul-24   17:31 )
  IFB Agro Industries standalone net profit rises 0.26% in the September 2018 quarter
 ( Results - Announcements 29-Oct-18   08:12 )
Other Stories
  Dhanlaxmi Bank gains as gross advances rises 6% YoY in Q1 FY25
  05-Jul-24   15:27
  HDFC Bank Ltd leads losers in 'A' group
  05-Jul-24   15:00
  Shilpa Medicare sizzles after Unicycive gets positive results in clinical trials of OLC
  05-Jul-24   14:52
  Manugraph India Ltd leads losers in 'B' group
  05-Jul-24   14:45
  NSE SME Nephro Care India rallies on listing day
  05-Jul-24   14:45
  ESAF SFB total deposits jumps 33% YoY in Q1
  05-Jul-24   14:43
  Utkarsh SFB deposits climb 30% YoY in Q1 FY25
  05-Jul-24   14:35
  Volumes soar at Medplus Health Services Ltd counter
  05-Jul-24   14:30
  Financials stocks slide
  05-Jul-24   14:00
  Banking stocks edge lower
  05-Jul-24   14:00
Back Top