Hot Pursuit     17-Jul-17
Oriental Carbon declines after recent sharp rally
Oriental Carbon & Chemicals fell 2.6% to Rs 1,340 at 12:25 IST on BSE, with the stock sliding on profit booking after recent rally.

Meanwhile, the S&P BSE Sensex was up 46.66 points, or 0.15% at 32,067.41. The S&P BSE Small-Cap index was up 4.65 points, or 0.03% at 15,912.66.

On the BSE, 922 shares were traded on the counter so far as against the average daily volumes of 2,998 shares in the past one quarter. The stock had hit a high of Rs 1,390 and a low of Rs 1,335.50 so far during the day. The stock had hit a record high of Rs 1,442.80 on 13 July 2017 and a 52-week low of Rs 565.50 on 11 July 2016.

The stock had outperformed the market over the past one month till 14 July 2017, advancing 43.54% compared with the Sensex's 2.78% rise. The scrip had also outperformed the market over the past one quarter gaining 42.16% as against the Sensex's 8.69% rise. The scrip had also outperformed the market over the past one year advancing 123.14% as against the Sensex's 14.6% rise.

The small-cap company has equity capital of Rs 10.30 crore. Face value per share is Rs 10.

Shares of Oriental Carbon & Chemicals had rallied 16.12% in the preceding three trading sessions to settle at Rs 1,375.80 on Friday, 14 July 2017, from its close of Rs 1,184.85 on 11 July 2017.

Oriental Carbon & Chemicals' net profit fell 22.6% to Rs 9.30 crore on 18.4% increase in net sales to Rs 82.10 crore in Q4 March 2017 over Q4 March 2016.

Oriental Carbon & Chemicals is engaged in the production of insoluble sulfur for the tire and rubber industry around the world.

Previous News
  Oriental Carbon & Chemicals standalone net profit rises 31.26% in the March 2019 quarter
 ( Results - Announcements 11-May-19   16:54 )
  Board of Oriental Carbon & Chemicals recommends interim dividend
 ( Corporate News - 27-Oct-23   10:42 )
  Oriental Carbon & Chemicals to hold AGM
 ( Corporate News - 26-May-15   17:07 )
  Oriental Carbon & Chemicals to conduct board meeting
 ( Corporate News - 02-Jul-19   10:13 )
  Oriental Carbon & Chemicals to conduct AGM
 ( Corporate News - 02-Jun-18   11:46 )
  Oriental Carbon & Chemicals net profit rises 24.68% in the September 2007 quarter
 ( Results - Announcements 25-Oct-07   19:23 )
  Oriental Carbon & Chemicals consolidated net profit rises 12.51% in the March 2024 quarter
 ( Results - Announcements 22-May-24   15:19 )
  Oriental Carbon & Chemicals fixes record date for interim dividend
 ( Market Beat - Reports 27-Oct-23   10:04 )
  Oriental Carbon & Chemicals declares interim dividend
 ( Corporate News - 28-Oct-10   16:23 )
  Oriental Carbon & Chemicals - Board to consider Dividend
 ( Corporate News - 17-May-13   13:54 )
  Purple Finance Ltd leads losers in 'B' group
 ( Hot Pursuit - 24-Jul-24   14:45 )
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