Hot Pursuit     06-Jul-17
Tamilnadu Petroproducts drops after recent sharp rally
Tamilnadu Petroproducts fell 3.47% to Rs 54.25 at 11:33 IST on BSE, with the stock sliding on profit booking after recent rally.

Meanwhile, the S&P BSE Sensex was up 159.63 points, or 0.51% at 31,405.19. The S&P BSE Small-Cap index was up 122.89 points, or 0.78% at 15,863.49.

On the BSE, 1.88 lakh shares were traded on the counter so far as against the average daily volumes of 1.64 lakh shares in the past one quarter. The stock had hit a high of Rs 56.05 and a low of Rs 53.40 so far during the day. The stock had hit a 52-week high of Rs 56.05 on 5 July 2017 and a 52-week low of Rs 20.30 on 4 August 2016.

The stock had outperformed the market over the past one month till 5 July 2017, advancing 40.68% compared with the Sensex's 0.2% fall. The scrip had also outperformed the market over the past one quarter advancing 22.04% as against the Sensex's 4.24% rise. The scrip had also outperformed the market over the past one year advancing 165.09% as against the Sensex's 15.01% rise.

The small-cap company has equity capital of Rs 89.97 crore. Face value per share is Rs 10.

Shares of Tamilnadu Petroproducts had rallied 38.25% in the preceding three trading sessions to settle at Rs 56.20 yesterday, 5 July 2017, from its close of Rs 40.65 on 30 June 2017.

Tamilnadu Petroproducts reported net loss of Rs 15.15 crore in Q4 March 2017, compared with net loss of Rs 9.26 crore in Q4 March 2016. Net sales rose 91% to Rs 248.42 crore in Q4 March 2017 over Q4 March 2016.

Tamilnadu Petroproducts is engaged in the manufacturing and selling of petrochemical and chemical products, namely Linear Alkyl Benzene and Caustic Soda.

Previous News
  Tamil Nadu Petro Products consolidated net profit declines 82.73% in the December 2023 quarter
 ( Results - Announcements 09-Feb-24   07:36 )
  Tamil Nadu Petro Products consolidated net profit rises 17.86% in the September 2020 quarter
 ( Results - Announcements 11-Nov-20   09:26 )
  Tamilnadu Petro gains after board OKs expansion plan
 ( Hot Pursuit - 30-Mar-21   13:26 )
  Tamil Nadu Petro Products announces resignation of company secretary
 ( Corporate News - 01-Feb-23   09:59 )
  Tamil Nadu Petro Products standalone net profit rises 114.68% in the December 2021 quarter
 ( Results - Announcements 09-Feb-22   16:51 )
  Tamil Nadu Petro Products consolidated net profit rises 108.57% in the December 2021 quarter
 ( Results - Announcements 09-Feb-22   17:15 )
  Tamil Nadu Petro Products announces resignation of nominee director
 ( Corporate News - 04-Jan-18   20:41 )
  Tamil Nadu Petroproducts to hold AGM
 ( Corporate News - 23-May-19   12:53 )
  Tamilnadu Petroproducts to consider Accounts
 ( Corporate News - 04-May-18   10:22 )
  Tamil Nadu Petro Products jumps on strong FY 2010 numbers
 ( Hot Pursuit - 06-May-10   12:25 )
  Tamil Nadu Petro Products to hold board meeting
 ( Corporate News - 14-May-16   10:40 )
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