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The result was announced after market hours yesterday, 18 January 2016.
Meanwhile, the S&P BSE Sensex was up 193.52 points or 0.8% at 24,381.89.
On BSE, so far 3.13 lakh shares were traded in the counter as against average daily volume of 2.05 lakh shares in the past one quarter. The stock hit a high of Rs 31.65 and a low of Rs 30.25 so far during the day. The stock had hit a 52-week low of Rs 28.50 yesterday, 18 January 2016. The stock had hit a 52-week high of Rs 54.50 on 25 Febraury 2015. The stock had underperformed the market over the past one month till 18 January 2016, sliding 14.96% compared with Sensex's 5.22% fall. The scrip had also underperformed the market in past one quarter, declining 22.75% as against Sensex's 11.12% fall.
The small-cap company has equity capital of Rs 130.49 crore. Face value per share is Rs 10.
Hindustan Oil Exploration Company's (HOEC) net sales declined 38.5% to Rs 6.11 crore in Q3 December 2015 over Q3 December 2014.
HOEC has a wholly owned subsidiary, HOEC Bardahl India, engaged in marketing of high performance fuel/engine additives.
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