Supreme Petrochem drops after weak Q3 result

Supreme Petrochem lost 2.06% to Rs 430.05 at 11:34 IST on BSE after the company reported net loss of Rs 17.57 crore in Q3 December 2018 as compared to net profit of Rs 27.98 crore in Q3 December 2017.

Jan 22, 2019 06:01 IST capital market

The result was announced after market hours yesterday, 21 January 2019.

Meanwhile, the S&P BSE Sensex was down 203.60 points or 0.56% at 36,375.36

On the BSE, 4,925 shares were traded on the counter so far as against the average daily volumes of 4,535 shares in the past two weeks. The stock had hit a high of Rs 431.20 and a low of Rs 412.80 so far during the day.

Supreme Petrochems total income rose 6.76% to Rs 774.67 crore in Q3 December 2018 over Q3 December 2017.

Supreme Petrochem manufactures styrene monomer and polystyrene.

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