Ballarpur Inds down after Q3 net falls

Shares in Ballarpur Industries Ltd fell as much as 3 per cent,a day after the paper maker said its December quarter net profit fell 71.6 per cent.

The profit fall was mainly the result of higher energy costs,two dealers said. At 9:40 a.m.,the stock was down 1.84 per cent at 23.95 rupees.