India's Balaji Amines falls on delayed Q1 results

Balaji Amines

16/08/2023 09:11

** Shares of speciality chemicals maker Balaji Amines
 BAMN.NS  down as much as 3.89% at 2,097 rupees, their lowest
since May 22
    ** Stock logs sharpest intraday pct loss since May 22; on
track for second consecutive session of losses if trends hold
    ** Co flags delay in submission of financial results due to
the unavailability of executives amid proposed IPO of unit
Balaji Speciality Chemicals Ltd 
    ** About 148,850 shares change hands as of 1:24 p.m. IST,
3.8x 30-day average of 39,201 shares 
    ** Stock down 19.5% this year, as of last close

 (Reporting by Manvi Pant in Bengaluru)
 ((Manvi.Pant@thomsonreuters.com; +918447554364;))