Acropetal Technologies sinks to the bottom; tumbles 31% from intraday high

Acropetal Technologies has touched a 52-week high of Rs 156. At 14:18 hrs the share was quoting at Rs 109.75, down Rs 20.85, or 15.96%. The stock has lost nearly 31% from its intraday high.

It was trading with volumes of 23,332,557 shares. In the previous trading session, the share closed up 8.43% or Rs 10.15 at Rs 130.60.

Acropetal offers IT/ITES solutions and a broad spectrum of engineering design services to reduce product design cycle time and costs.

D Ravi Kumar, Chairman & Managing Director said in FY11, the company clocked Rs 28 crore profit on a consolidated basis. He also added that they planned on maintaining their CAGR of 37% and that new acquisition would add to the company's topline.

Share Price Movement During The Last 12 Months
Period	Price	Latest Price	Gain/Loss (Rs.)	% Gain/Loss
3-Days	123.00	109.75	-13.25	-10.77
5-Days	102.10	109.75	7.65	7.49
7-Days	113.65	109.75	-3.90	-3.43
15-Days	98.45	109.75	11.30	11.48
1-Month	98.45	109.75	11.30	11.48
3-Month	98.45	109.75	11.30	11.48
6-Month	98.45	109.75	11.30	11.48
9-Month	98.45	109.75	11.30	11.48
1-Year	98.45	109.75	11.30	11.48