Orient Paper Q3 net profit down at Rs 14.6 cr

Orient Paper has announced its third quarter results. The company's Q3 net profit was down at Rs 14.6 crore versus Rs 42.4 crore, year-on-year, YoY.

Its total income was up at Rs 604.4 crore versus Rs 576.7 crore, YoY.

At 14:24 hrs Orient Paper and Industries was quoting at Rs 74.50, down Rs 3.10, or 3.99%. It has touched an intraday high of Rs 77.10 and an intraday low of Rs 73.40.It was trading with volumes of 46,279 shares, compared to its five day average of 28,455 shares, an increase of 62.64%.

In the previous trading session, the share closed up 1.31% or Rs 1 at Rs 77.60.

The share touched its 52-week high Rs 102 and 52-week low Rs 54.90 on 11 December, 2012 and 13 June, 2012, respectively.Currently, it is trading 26.96% below its 52-week high and 35.7% above its 52-week low.

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