Meanwhile, the BSE Sensex was down 176.90 points, or 1.05%, to 16,663.90.
On BSE, 15,701 shares were traded in the counter as against an average daily volume of 10,645 shares in the past one quarter.
The stock hit a low of Rs 34.80 so far during the day, which is a 52-week low for the counter. The stock hit a high of Rs 38.40 so far during the day. The stock had hit a 52-week high of Rs 100.50 on 8 September 2010.
The stock has fallen 28.37% in just six trading sessions from a recent high of Rs 49 on 9 August 2011. The recent steep fall in the stock was on the back of poor Q1 June 2011 results.
The small-cap stock had underperformed the market over the past one month till 17 August 2011, declining 28.65% compared with the Sensex's 9.27% fall. The scrip had also underperformed the market in past one quarter, falling 32.96% as against 7.15% decline in the Sensex.
The company has an equity capital of Rs 15.95 crore. Face value per share is Rs 5.
Before turning ex-dividend, the stock offered a dividend yield of 4.50% based on the closing price of Rs 38.85 on Wednesday, 17 August 2011.
Kabra Extrusion Technik's net profit tumbled 80.1% to Rs 0.88 crore on 12.9% fall in net sales to Rs 38.23 crore in Q1 June 2011 over Q1 June 2010. The company declared its results on 10 August 2011.
Kabra Extrusion Technik (KET), a part of Kolsite group, is a leading manufacturer of plastic extrusion machinery in India. KET offers a wide range of hi-tech single and twin screw extrusion lines for pipes, profiles, pellets, teleduct and mono & multilayer blown films plants.
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