Balaji Amines shares down 7%, top Nifty 500 loser post weak Q1 results
Thu, Aug 8, 2024 11:51 AM

Balaji Amines shares down 7%, top Nifty 500 loser post weak Q1 results

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Shares of Balaji Amines Ltd. declined by as much as 7% on Thursday, August 8, following disappointing first-quarter earnings. At 11:25 am, the scrip was trading 5.68% lower at ₹2,253.05 apiece on the NSE. The chemical company posted 33% drop in its net profit at ₹46 crore for the June quarter as against ₹68 crore in the same quarter a year ago. Revenue for the quarter declined 17% to ₹385 crore.

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