Meanwhile, the S&P BSE Sensex was down 239.94 points, or 0.76% to 31,510.88.

On the BSE, 77,000 shares were traded in the counter so far, compared with average daily volumes of 83,310 shares in the past one quarter. The stock had hit a high of Rs 148.30 and a low of Rs 144.25 so far during the day. The stock hit a record high of Rs 213.40 on 14 December 2016. The stock hit a 52-week low of Rs 58.50 on 29 September 2016.

The stock had outperformed the market over the past one month till 28 August 2017, rising 7.49% compared with 1.73% decline in the Sensex. The scrip had also outperformed the market in past one quarter, rising 14.04% as against Sensex's 1.90% rise. The scrip had also outperformed the market in past one year, rising 123.51% as against Sensex's 13.79% rise.

The mid-cap company has equity capital of Rs 24.43 crore. Face value per share is Re 1.

TOPL (Triumph Offshore), a 100% subsidiary of Swan Energy, has executed shipbuilding contract for the construction of one (1) 180000 CBM LNG FSRU (floating storage and re-gasification unit) with Hyundai Heavy Industries Company, South Korea in connection with its upcoming FSRU project at Jafrabad, Gujarat.

Net profit of Swan Energy rose 463.64% to Rs 1.24 crore on 23.94% rise in net sales to Rs 95.30 crore in Q4 March 2017 over Q4 March 2016.

Swan Energy is engaged in the manufacturing of textile products. The company is also engaged in the real estate development and energy businesses.