Crompton Greaves shares plunged 8 per cent in early trade to register their 52-week low of Rs 100 on Wednesday after the power equipment manufacturer reported a loss of Rs 189 crore for the three months to December 2012.

The stock, however, recovered to trade at Rs 107.4, still a fall of 1.1 per cent over the previous day's close.

The 52-week high for the stock is Rs 167.

Crompton Greaves, on Tuesday, after market hours said its sales declined 2 per cent for the September-December quarter to Rs 2,972 crore against Rs 3,028 crore year-on-year. Its adjusted losses were Rs 93 crore against a profit of Rs 75 crore year-on-year.

(This article was published on January 30, 2013)
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