The result was announced during trading hours today, 19 October 2011.
Meanwhile, the BSE Sensex was up 335.23 points, or 2%, to 17,083.52.
On BSE, 4.41 lakh shares were traded in the counter as against an average daily volume of 21,463 shares in the past one quarter.
The stock hit a high of Rs 60.95 and a low of Rs 56 so far during the day. The stock had hit a 52-week high of Rs 125 on 1 June 2011 and a 52-week low of Rs 51.60 on 5 October 2011.
The stock had underperformed the market over the past one month until 18 October 2011, sliding 17.59% compared with the Sensex`s 1.10% fall. The scrip had also underperformed the market in past one quarter, falling 45.29% as against 9.50% decline in the Sensex.
The mid-cap port operator has an equity capital of Rs 410.46 crore. Face value per share is Rs 10.
Income from port and terminal services increased 58% to Rs 273.97 in Q2 September 2011 over Q2 September 2010.
Essar Ports (EPL) said the figures for Q2 September 2011 are not comparable with those in Q2 September 2010 due to demerger of the shipping, logistics and oilfield services business, effective 1 October 2010.
EPL develops, owns and operates ports and terminals, and is India`s second-largest private sector port and terminal company by capacity and throughput.
EPL, which was previously named Essar Shipping Ports & Logistics (ESPLL), in May 2011 went through a demerger process pursuant to which the shipping, logistics and oilfield drilling businesses were demerged from ESPLL and transferred to another company.
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