Somany Ceramics will hold a meeting of the Board of Directors of the Company on 17 October 2019.

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Somany Ceramics will hold a meeting of the Board of Directors of the Company on 1 October 2019.

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Balmer Lawrie Investment Ltd, Hindustan Fluoro Carbons Ltd, Techindia Nirman Ltd and Simbhaoli Sugars Ltd are among the other losers in the BSE's 'B' group today, 09 September 2019.

Somany Ceramics Ltd lost 19.99% to Rs 228.8 at 14:32 IST.The stock was the biggest loser in the BSE's 'B' group.On the BSE, 20578 shares were traded on the counter so far as against the average daily volumes of 1466 shares in the past one month.

Balmer Lawrie Investment Ltd crashed 10.49% to Rs 389. The stock was the second biggest loser in 'B' group.On the BSE, 14583 shares were traded on the counter so far as against the average daily volumes of 15383 shares in the past one month.

Hindustan Fluoro Carbons Ltd tumbled 9.96% to Rs 10.4. The stock was the third biggest loser in 'B' group.On the BSE, 101 shares were traded on the counter so far as against the average daily volumes of 1465 shares in the past one month.

Techindia Nirman Ltd corrected 9.88% to Rs 3.83. The stock was the fourth biggest loser in 'B' group.On the BSE, 290 shares were traded on the counter so far as against the average daily volumes of 2111 shares in the past one month.

Simbhaoli Sugars Ltd slipped 9.68% to Rs 8.4. The stock was the fifth biggest loser in 'B' group.On the BSE, 8985 shares were traded on the counter so far as against the average daily volumes of 10370 shares in the past one month.

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Somany Ceramics said that Rs 26.18 crore issued in favour of the company by Mentor Financial Services ('Mentor'), stock broker of the company, has bounced owing to insufficient funds. The company has issued demand notices for repayment to Mentor, its directors and its authorized signatory as per requirements of the applicable law. In view of continued default by Mentor, its directors and its authorized signatory, the company has now filed a criminal complaint with Haryana police against Mentor, its directors and its authorized signatory.

Meanwhile, the S&P BSE Sensex was up 157.84 points or 0.43% to 37,139.61.

On the BSE, 19351 shares were traded in the counter so far compared with average daily volumes of 1426 shares in the past one quarter. The stock hit a high of Rs 280 and a low of Rs 228.8 so far during the day.

The stock hit a 52-week high of Rs 472 on 08 Apr 2019. The stock hit a 52-week low of Rs 280 on 09 Sep 2019.

On a consolidated basis, Somany Ceramics' net profit declined by 12.6% to Rs 7.44 crore on a 3.4% rise in the net sales to Rs 392.73 crore in Q1 June 2019 over Q1 June 2018.

Somany Ceramics manufactures a range of products including ceramic tile, floor tiles, polished vitrified tiles, digital tiles, wall tiles, wall claddings, sanitary ware, bathroom fittings, and tile laying solutions.

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