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BASF India slumps as the loss widens in December quarter

20 Jan 2016 Evaluate

BASF India is currently trading at Rs. 800.75, down by 39.65 points or 4.72% from its previous closing of Rs. 840.40 on the BSE.

The scrip opened at Rs. 820.00 and has touched a high and low of Rs. 820.00 and Rs. 782.10 respectively. So far 11297 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 1497.60 on 20-Jan-2015 and a 52 week low of Rs. 830.00 on 18-Jan-2016.

Last one week high and low of the scrip stood at Rs. 904.95 and Rs. 830.00 respectively. The current market cap of the company is Rs. 3462.20 crore.

The promoters holding in the company stood at 73.33%, while Institutions and Non-Institutions held 6.45% and 20.22% respectively.

BASF India has reported  net loss of Rs 106.38 crore for the quarter ended December 31, 2015 as compared to net loss of Rs 39.59 crore for the same quarter in the previous year.  However, total income from operations of company has increased by 15.77% to Rs 1131.70 crore for the quarter under review from Rs 977.56 crore for the corresponding quarter of the previous year.

Peers
Company Name CMP
Godrej Industries 1107.45
SRF 2561.00
BASF India 3607.50
Pidilite Inds. 1566.10
Tata Chemicals 693.50
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