Hot Pursuit     15-Oct-10
HeidelbergCement India slides after dismal Q3 numbers
HeidelbergCement India declined 2.19% to Rs 49.20 at 12:22 IST on BSE, after net profit plunged 89.57% to Rs 2.82 crore on 19.08% fall in total income to Rs 174.91 crore in Q3 September 2010 over Q3 September 2009.

The company declared its results during trading hours today, 15 October 2010.

Meanwhile, the BSE Sensex was down 168.56 points, or 0.82% at 20,329.08.

On BSE, 2.99 lakh shares were traded in the counter as against an average daily volume of 2.63 lakh shares in the past one quarter.

The stock hit a high of Rs 51.30 and a low of Rs 48.30 so far during the day. The stock had hit a 52-week high of Rs 64.95 on 5 April 2010 and a 52-week low of Rs 33.10 on 3 November 2009.

The mid-cap stock had underperformed the market over the past one month till 14 October 2010, falling 2.14% compared with the Sensex's return of 5.95%. It had also underperformed the market in past one quarter, gaining 2.65% as against 14.27% rise in the Sensex.

The company has an equity capital of Rs 226.62 crore. Face value per share is Rs 10.

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