Meanwhile, the BSE Sensex was down 38.47 points, or 0.15%, to 26,192.19.

More than usual volumes were traded on the counter. On the BSE, 1.73 lakh shares were so far traded in the counter, compared with an average volume of 19,714 shares in the past one quarter. The stock hit a high of Rs 111.90 and a low of Rs 101.45 so far during the day. The stock had hit a 52-week high of Rs 166.40 on 24 December 2015. The stock hit a 52-week low of Rs 84.45 on 15 November 2016.

The stock had underperformed the market over the past one month till 2 December 2016, falling 25.25% compared with Sensex's 4.71% fall. The scrip had also underperformed the market in past one quarter, declining 23.04% as against Sensex's 8.07% drop.

The small-cap company has an equity capital of Rs 75.77 crore. Face value per share is Rs 10.

Kolte-Patil Developers' earnings per share (EPS) rose to 2.55 in Q2 September 2016 from Rs 2.41 in Q1 June 2016 and Rs 1.65 in Q2 September 2015. The company recorded new sales bookings of 0.57 million square feet (msf) in Q2 September 2016 as compared to 0.66 msf in Q1 June 2016 and 0.46 msf in Q2 September 2015.

The value of area sold stood at Rs 329 crore in Q2 September 2016 as compared to Rs 370 crore in Q1 June 2016 and Rs 282 crore in Q2 September 2015. Collections stood at Rs 234 crore in Q2 September 2016 as compared to Rs 229 crore in Q1 June 2016 and Rs 223 crore in Q2 September 2015.

Kolte-Patil Developers is Pune's largest developer. It is also present in Mumbai with some upscale redevelopment projects. The company has till date built projects in multiple segments such as residential, commercial, retail, IT parks, and integrated townships.