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Tanfac Industries drops on reporting net loss in Q3
(14:11, 06 Feb 2012)

The company announced the results after market hours on Friday, 3 February 2012.

Meanwhile, the BSE Sensex was up 127.50 points, or 0.72% to 17,732.46.

On BSE, 4,339 shares were traded in the counter as against average daily volume of 799 shares over the past one quarter.

The stock hit a high of Rs 21.45 and a low of Rs 21.05 so far during the day. The stock had hit a 52-week low of Rs 19.30 on 3 January 2012. The stock had hit a 52-week high of Rs 32.35 on 21 June 2011.

The small-cap stock had underperformed the market over the past one month till 3 February 2012, rising 2.8% compared with the Sensex's return of 10.45%. The stock had also underperformed the market in past one quarter, falling 10.75% as against 0.7% gain in the Sensex.

The company has an equity capital of Rs 9.98 crore. Face value per share is Rs 10.

Tanfac Industries' net sales declined 0.8% to Rs 36.73 crore in Q3 December 2011 over Q3 December 2010.

Tanfac Industries is one of India's largest suppliers of fluorine chemicals.

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