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Dunlop India tumbles on registering loss of Rs 4.90 crore in Q4

21 May 2012 Evaluate

Dunlop India is currently trading at Rs. 11.00, down by 0.15 points or 1.35% from its previous closing of Rs. 11.15 on the BSE.

The scrip opened at Rs. 10.61 and has touched a high and low of Rs. 11.29 and Rs. 10.60 respectively. So far 7393 shares were traded on the counter.

The BSE group 'T' stock of face value Rs. 10 has touched a 52 week high of Rs. 66.00 on 20-May-2011 and a 52 week low of Rs. 8.85 on 28-Mar-2012.

Last one week high and low of the scrip stood at Rs. 12.13 and Rs. 10.49 respectively. The current market cap of the company is Rs. 134.18 crore.

The promoters holding in the company stood at 64.99% while Institutions and Non-Institutions held 11.30% and 23.71% respectively. 

Dunlop India has registered a loss of Rs 4.90 crore for the quarter ended March 31, 2012, compared with a net profit of Rs 0.62 crore for the same quarter a year ago.

The company’s total income tumbled 89.86% to Rs 0.67 crore for the quarter under review as compared to Rs 6.61 crore for the corresponding quarter previous fiscal.

The PSU firm has reported a loss of Rs 11.46 crore for the full financial year 2011-12 as against net profit of Rs 2.02 crore in FY11. Total income decreased by 88.45% to Rs 20.01 crore for the year ended March 31, 2012 from Rs 173.20 crore in FY11.   

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