Share price of Bajaj Corp fell over 4 per cent in the afternoon trade on Wednesday after the company reported its standalone results for the quarter ended September 2015. (Photo: www.bajajcorp.com)
Share price of Bajaj Corp fell over 4 per cent in the afternoon trade on Wednesday after the company reported its standalone results for the quarter ended September 2015. The company posted net profit of Rs 46.78 crore, up 24.96 per cent, against Rs 37.44 crore in the corresponding quarter a year ago. Net profit of the company fell 1.55 per cent on quarter on quarter basis.
At 3.02 pm, the scrip was trading 4.19 per cent down at Rs 444.25. It opened at Rs 462.70 and had touched a high and low of Rs 463 and Rs 441.90, respectively, in trade so far. Sensex was up 0.35 per cent at 27,026.
Net sales of the company grew 10.68 per cent YoY to Rs 207.64 crore for the quarter ended September 2015. However, net sales fell 4.91 per cent on QoQ basis.
| Subscribe To Our Free Newsletter |
