Prime Securities disappoints in Q3 results: Prime Securities, which had been trading up yesterday on expectations of strong results, with an end of day technical score of 90.3, disappointed analysts with weak results. The company reported a net loss of Rs 1.07 crore in the quarter ended December 2016, as against net profit of Rs 3.41 crore for the December 2015 quarter.
Sales for the company has declined 89.89% to Rs 0.19 crore in the quarter ended December 2016 as against Rs 1.88 crore during the previous quarter ended December 2015. The company is the first to disclose Q3 results for the season.