Indo Rama Synthetics (India) announced that an Extra Ordinary General Meeting (EGM) of the Company will be held on 20 September 2018 .

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Net Loss of Indo Rama Synthetics (India) reported to Rs 29.20 crore in the quarter ended June 2018 as against net loss of Rs 15.57 crore during the previous quarter ended June 2017. Sales declined 40.09% to Rs 355.54 crore in the quarter ended June 2018 as against Rs 593.44 crore during the previous quarter ended June 2017.

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3P Land Holdings Ltd, Zicom Electronic Security Systems Ltd, Bhagyanagar India Ltd and CIL Nova Petrochemicals Ltd are among the other losers in the BSE's 'B' group today, 16 July 2018.

Indo Rama Synthetics (India) Ltd tumbled 15.06% to Rs 18.9 at 14:32 IST.The stock was the biggest loser in the BSE's 'B' group.On the BSE, 41402 shares were traded on the counter so far as against the average daily volumes of 9305 shares in the past one month.

3P Land Holdings Ltd crashed 14.97% to Rs 12.33. The stock was the second biggest loser in 'B' group.On the BSE, 211 shares were traded on the counter so far as against the average daily volumes of 2584 shares in the past one month.

Zicom Electronic Security Systems Ltd lost 13.88% to Rs 11.35. The stock was the third biggest loser in 'B' group.On the BSE, 35029 shares were traded on the counter so far as against the average daily volumes of 12001 shares in the past one month.

Bhagyanagar India Ltd fell 12.84% to Rs 42.1. The stock was the fourth biggest loser in 'B' group.On the BSE, 4.04 lakh shares were traded on the counter so far as against the average daily volumes of 14163 shares in the past one month.

CIL Nova Petrochemicals Ltd slipped 12.68% to Rs 24.1. The stock was the fifth biggest loser in 'B' group.On the BSE, 161 shares were traded on the counter so far as against the average daily volumes of 3733 shares in the past one month.

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The announcement was made after market hours yesterday, 28 June 2018.

Meanwhile, the S&P BSE Sensex was up 154.37 points, or 0.44% to 35,192.01.

On the BSE, 7,618 shares were traded in the counter so far compared with average daily volumes of 13,000 shares in the past two weeks. The stock had hit a high of Rs 23 and a low of Rs 21.45 so far during the day. The stock hit a 52-week high of Rs 57.50 on 15 January 2018. The stock hit a 52-week low of Rs 20.30 on 28 June 2018.

Indo Rama Synthetics (India) said its board approved issuing 90.90 lakh equity shares by way of preferential issue on private placement basis to EC Special Situations Fund and Edelweiss India Special Situations Fund - II.

Indo Rama Synthetics (India) reported net loss of Rs 30.29 crore in Q4 March 2018 as against net loss of Rs 14.83 crore in Q4 March 2017. Net sales declined 5.49% to Rs 519.92 crore in Q4 March 2018 over Q4 March 2017.

Indo Rama Synthetics (India) offers a wide range of polyester products which include polyester staple fibre (PSF), partially oriented yarn (POY), draw texturised yarn (DTY), fully drawn yarn (FDY) and polyester chips.

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