Meanwhile, the BSE Sensex was up 4.94 points, or 0.03% at 18,650.00
On BSE, 23.43 lakh shares were traded in the counter as against an average daily volume of 1.17 lakh shares in the past one quarter.
The stock rebounded from a 52-week low of Rs 101 it had hit in intra-day trade today, 8 September 2010. The scrip hit a high of Rs 118.45 so far during the day. The stock had hit a 52-week high of Rs 187.05 on 8 February 2010.
The Bartronics India stock has lost 13.37% in seven trading days from Rs 117.80 on 27 August 2010 to Rs 102.05 on 7 September 2010.
The steep recent decline in the stock was triggered by poor Q1 June 2010 results, which the company unveiled on 14 August 2010. The small-cap stock underperformed the market over the past one month till 7 September 2010, plunging 28.51% compared with the Sensexs 2.76% rise. It also underperformed the market in past one quarter, falling 27.65% as against 11.11% rise in the Sensex.
The company has an equity capital of Rs 34.05 crore. Face value per share is Rs 10.
Bartronics Indias consolidated net profit declined 5.7% to Rs 22.52 crore on 0.1% fall in net sales to Rs 162.76 crore in Q1 June 2010 over Q1 June 2009.
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