19 Jan 2009, 1252 hrs IST, ET Bureau
Shares of BASF fell sharply on 19th jan-09,Monday as company’s net profit declined almost 100 per cent for quarter ended December 2008.
The company reported net profit of Rs 40 lakh for the quarter ended December 2008 against Rs 11 crore in the same quarter a year ago. Total income rose to Rs 206.39 crore for December 2008 quarter as compared to Rs 225.11 crore in the same period a year ago.
At 12:25 pm, shares of BASF were at Rs 195, down Rs 18.45 or 8.64 per cent. The scrip touched a low of Rs 191.60 and high of 221.90 in trade so far on volume of 61879 shares.
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