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Aug 01, 2012, 05.42 PM IST
Orient Paper and Industries' net profit fell by 17.7% year-on-year to Rs 48.9 crore in the quarter ended June 2012.
Net sales went up by 25.4% to Rs 657 crore from Rs 524 crore during the same period.
Before the announcement of these numbers, the stock had touched a 52-week high of Rs 113. But the disappointing numbers wiped out majority of the gains (more than 13% from day's high).
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