Hot Pursuit     10-Jun-16
Tilaknagar Industries declines as net loss widens in Q4
Tilaknagar Industries lost 1.85% to Rs 15.95 at 10:42 IST on BSE after the company reported consolidated net loss of Rs 106.14 crore in Q4 March 2016, higher than net loss of Rs 70.61 crore in Q4 March 2015.
The company announced the financial performance after market hours yesterday, 9 June 2016.

Meanwhile, the S&P BSE Sensex was up 16.01 points oor 0.06% at 26,779.47.

On BSE, so far 63,000 shares were traded in the counter as against average daily volume daily volume of 70,145 shares in the past one quarter. The stock hit a high of Rs 16.25 and a low of Rs 15.85 so far during the day. The stock had hit a 52-week high of Rs 36.95 on 16 July 2015. The stock had hit a 52-week low of Rs 15.25 on 29 February 2016. The stock had underperformed the market over the past one month till 9 June 2016, sliding 2.99% compared with Sensex's 4.18% rise. The scrip had also underperformed the market in past one quarter, declining 3.27% as against Sensex's 7.94% rise.

The small-cap company has equity capital of Rs 124.76 crore. Face value per share is Rs 10.

Tilaknagar Industries' net sales declined 6.4% to Rs 116.33 crore in Q4 March 2016 over Q4 March 2015.

Tilaknagar Industries is engaged in the business of manufacture and distribution of Indian Made Foreign Liquor (IMFL).

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