Hot Pursuit     27-Jan-17
Saregama India drops after poor Q3 outcome
Saregama India lost 1.67% to Rs 232.15 at 11:03 IST on BSE after net profit fell 66.56% to Rs 1.10 crore on 0.68% growth in total income from operations to Rs 54.23 crore in Q3 December 2016 over Q3 December 2015.
The result was announced after market hours on Wednesday, 25 January 2017.

Meanwhile, the S&P BSE Sensex was up 241.06 points or 0.87% at 27,949.20.

On the BSE, 3,013 shares were traded on the counter so far as against the average daily volumes of 12,000 shares in the past two weeks.

The stock had hit a high of Rs 234.40 and a low of Rs 228.20 so far during the day.

Saregama India is engaged in the digital distribution of its music catalogue across various languages and genres.

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