Meanwhile, the BSE Sensex was down 538.54 points, or 3.52%, at 15024.64, on weak cues from global markets. US stocks plunged on Friday, 6 June 2008, marking the Dow`s worst day in 15 months, after the US government said the May 2008 unemployment rate jumped the most in 22 years and oil prices shot to another record, renewing fears that the US economy faces 1970s-style stagflation.
On BSE, 17.9 lakh shares were traded in the counter. The scrip had an average daily volume of 28.94 lakh shares in the past one quarter.
The stock hit a high of Rs 304.90 and a low of Rs 285 so far during the day. The stock had a 52-week high of Rs 342.50 on 21 May 2008 and a 52-week low of Rs 131.30 on 12 June 2007.
The scrip had outperformed the market over the past one month till 6 June 2008, gaining 2.42% compared to the Sensex`s 8.83% decline. It had also outperformed the market in the past one quarter, rising 36.80% compared to Sensex`s 2.52% fall.
The large-cap private sector oil exploration firm has an equity capital of Rs 1894.43 crore. Face value per share is Rs 10.
Cairn India reported a net loss of Rs 8.74 crore in Q1 March 2008 as compared to net loss of Rs 8.54 crore in Q1 March 2007. Sales rose 78% to Rs 0.89 crore in Q1 March 2008 over Q1 March 2007.
Cairn India`s principal activity is to explore, develop and produce crude oil and natural gas.
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