Meanwhile, the S&P BSE Sensex was down 431.03 points, or 1.25% to 33,982.13. The S&P BSE Small-Cap index was up 29.69 points, or 0.16% to 18,160.88.

On the BSE, 1.86 lakh shares were traded in the counter so far, compared with average daily volumes of 1.65 lakh shares in the past one quarter. The stock had hit a high of Rs 305 and a low of Rs 282 so far during the day. The stock had hit a 52-week high of Rs 318.90 on 4 January 2018. The stock had hit a 52-week low of Rs 203 on 16 February 2017.

The stock had underperformed the market over the past 30 days till 8 February 2018, falling 1.32% compared with 0.06% fall in the Sensex. The scrip, however, outperformed the market in past one quarter, gaining 16.46% as against Sensex's 3.3% rise. The scrip, however, underperformed the market in past one year, rising 1.88% as against Sensex's 21.47% rise.

The small-cap company has equity capital of Rs 84.11 crore. Face value per share is Rs 10.

Parag Milk Foods' consolidated total income rose 16.17% to Rs 521.77 crore in Q3 December 2017 over Q3 December 2016. Consolidated earnings before interest, taxation, depreciation and amortization (EBITDA) stood at Rs 58.81 crore in Q3 December 2017 as compared to a loss of Rs 18.32 crore in Q3 December 2016. EBITDA margin stood at 11.3% in Q3 December 2017. The result was announced after market hours yesterday, 8 February 2018.

Devendra Shah, Chairman, Parag Milk Foods, said various initiatives taken during the quarter ensured that momentum towards increasing value added products' growth continues. Going forward, the company will continue to focus on innovation to drive incremental growth & profitability.

Parag Milk Foods, established in 1992, is the largest private dairy FMCG company with a pan-India presence.