Aegis Logistics, a leader in oil, gas and chemical logistics, dropped on Friday after it registered a drop in net profit for the quarter ended March 2014.  During the quarter, the profit of the company declined 77.32% to Rs 21.30 million from Rs 93.90 million in the same quarter last year.

Net sales for the quarter declined 7.21% to Rs 915.90 million, compared with Rs 987.10 million for the prior year period.

Shares of the company are trading at Rs 189, down Rs 5.25, or 2.70% at the Bombay Stock Exchange (BSE) on Friday at 12:23 p.m.

The scrip has touched an intra-day high of Rs 191 and low of Rs 185. The total volume of shares traded at the BSE is 14,144.

In the earlier session, the shares declined 2.41%, or Rs 4.8, at Rs 194.25. Currently, the stock is trading down 10.7% from its 52-week high of Rs 211.65 and above 88.53% over the 52-week low of Rs 100.25.