Net profit of Cimmco reported to Rs 0.63 crore in the quarter ended December 2018 as against net loss of Rs 4.89 crore during the previous quarter ended December 2017. Sales rose 451.38% to Rs 91.86 crore in the quarter ended December 2018 as against Rs 16.66 crore during the previous quarter ended December 2017.

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Cimmco will hold a meeting of the Board of Directors of the Company on 4 February 2019.

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Gokul Agro Resources Ltd, Future Enterprises Ltd, Nu Tek India Ltd and Praxis Home Retail Ltd are among the other losers in the BSE's 'B' group today, 27 December 2018.

Cimmco Ltd crashed 8.45% to Rs 39 at 14:33 IST.The stock was the biggest loser in the BSE's 'B' group.On the BSE, 24552 shares were traded on the counter so far as against the average daily volumes of 3638 shares in the past one month.

Gokul Agro Resources Ltd tumbled 7.85% to Rs 15.37. The stock was the second biggest loser in 'B' group.On the BSE, 8978 shares were traded on the counter so far as against the average daily volumes of 22396 shares in the past one month.

Future Enterprises Ltd lost 7.77% to Rs 38. The stock was the third biggest loser in 'B' group.On the BSE, 1.45 lakh shares were traded on the counter so far as against the average daily volumes of 57228 shares in the past one month.

Nu Tek India Ltd shed 7.50% to Rs 0.37. The stock was the fourth biggest loser in 'B' group.On the BSE, 1001 shares were traded on the counter so far as against the average daily volumes of 7674 shares in the past one month.

Praxis Home Retail Ltd dropped 6.92% to Rs 167.55. The stock was the fifth biggest loser in 'B' group.On the BSE, 12 shares were traded on the counter so far as against the average daily volumes of 362 shares in the past one month.

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Cimmco announced that Titagarh Wagons, a part of the promoter group of Cimmco, being the selling promoter member has offered to sell 15,43,090 shares of face value of Rs. 10/- each representing 5.64% of the share capital of the Company on 27 December 2018 (T day), (for non-Retail Investors only) and on 28 December 2018 (T +1 day) (for Retail Investors and non-Retail Investors who choose to carry forward their unallotted bids) through a sale on the separate window provided by BSE (the Sale).

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