Shares of power equipment maker CG Power slumped as March-quarter loss widened.
The stock fell as much as 14.2 per cent to Rs 80.10, in its biggest intraday percentage loss in nearly seven months.
The company's March-quarter net loss widened to Rs 444 crore ($68.76 million) from Rs 92.9 crore a year earlier.
The company had said on Friday it would divest CG Power Systems USA Inc, its power business in the Unites States, after receiving offer for unit.
Up to Friday's close, the stock had risen about 55 per cent in the past 12 months. ($1 = 64.5725 Indian rupees)
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