Meanwhile, the BSE Sensex was down 381.58 points, or 2.58%, to 14,395.43. The market retreated on weak global cues. US stocks declined sharply on Thursday, 24 July 2008, after a report showing yet another drop in US home sales prompted investors to take profits in financial shares, which had rallied over the past week.

On BSE, 4,113 shares were traded in the counter. The scrip had an average daily volume of 1,910 shares in the past one quarter.

The stock hit a high of Rs 120.20 and a low of Rs 102.10 so far during the day. The stock had a 52-week high of Rs 237 on 7 January 2008 and a 52-week low of Rs 90 on 3 July 2008.

The small-cap company had underperformed the market over the past one month till 24 July 2008, gaining 0.20% compared to the Sensex’s return of 3.92%. It had also underperformed the market in the past one quarter, declining 15.19% compared to Sensex’s decline of 13.72%.

The company has an equity capital of Rs 6.48 crore. Face value per share is Rs 10.

The current price of Rs 120.20 discounts its Q1 June 2008 annualised EPS of Rs 31.79, by a PE multiple of 3.78.

The company is engaged in manufacturing ethyl and methylamines, which have various applications in chemical industries.