Aug 01, 2012, 05.42 PM IST

Orient Paper Q1 net down 18%; stock ends off day's high

Orient Paper and Industries' net profit fell by 17.7% year-on-year to Rs 48.9 crore in the quarter ended June 2012.

Source: Moneycontrol.com

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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).

The share rose just 1.4% to close at Rs 97.85 on the BSE.

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Technicals
Orient Paper closes below 30-Day Moving Average of 7.31 today. May 23
Only Sellers
Only Sellers in Orient Paper on NSE May 23, 12:00
Announcements
Orient Paper & Industries company secretary retires May 22, 15:15
Announcements
Orient Paper & Industries fixes book closure for dividend May 20, 12:15
Only Sellers
Only Sellers in Orient Paper on NSE May 14, 10:05
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Only Sellers in Orient Paper on NSE May 13, 10:20
Only Buyers
Only Buyers in Orient Paper on NSE May 11, 11:25
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Only Buyers in Orient Paper on NSE May 10, 10:20
Technicals
Orient Paper closes above 30-Day Moving Average of 6.97 today. May 09
Announcements
Orient Paper board recommends dividend May 08, 16:15
Announcements
Orient Paper operational performance for April, 2013 May 03, 19:30
Announcements
Orient Paper: Updates on operational performance of fan division for March, 2013 May 03, 14:45
Announcements
Orient Paper board to consider dividend on May 08 Apr 25, 13:30
Announcements
Orient Paper produces 9.19 lakh fans in Feb, 2013 Apr 09, 11:03

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Orient Paper Q1 net down 18%; stock ends off day's high

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