Sundram Fasteners lost 4.25% to Rs 32.65 at 14:29 IST on BSE after net profit fell 5.7% to Rs 29.45 crore on 9.7% decline in net sales to Rs 515.30 crore in Q1 June 2013 over Q1 June 2012.The Q1 result was announced after market hours on Wednesday, 14 August 2013. The stock market was closed on Thursday, 15 August 2013 on account of Independence Day.Meanwhile, the S&P BSE Sensex was down 669.76 points or 3.46% at 18,697.83. (…)
via Sundram Fasteners drops after weak Q1 numbers | Business Standard.