Orchid Chemical has reported a consolidated net profit
of Rs 14.5 crore for the fourth quarter of FY12, down 75.3% as compared to Rs
58.7 crore in a year ago period.
Consolidated net sales too declined 9% to Rs 491 crore from
Rs 540 crore year-on-year.
The stock fell 13.24%, to close at Rs 139.25 on the BSE.
Traded volumes jumped 670% to 13,99,394 shares as compared to its 5-day average
of 181,727 shares.
Source: www.moneycontrol.com
Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd
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