Today the National Stock Exchange (NSE) Nifty50 index which closed near 10,793.65 is now trading on a lower note at 10,752.40, 41.25 points down. (12:47 PM IST) During the trading session, many stocks hit their fresh 52-week highs and lows on NSE including the shares of RSWM which slipped 17 percent on BSE to Rs. 148 a piece after a company reported a net loss of Rs. 28.53 crore in December 2018 quarter (Q3FY19) on lower sales. However, the company had posted a profit of Rs. 9.21 crore during the same quarter in the last fiscal.
On NSE, it came down to Rs. 147.40 from its previous low of Rs. 151.00 of Oct. 08, 2018. The company’s operating revenue during the quarter under review declined 12 percent to Rs. 689 crore against Rs. 787 crore in the corresponding quarter of previous fiscal.