Shares of consumer electronics major Whirlpool of India soared by over 8% on the Bombay Stock Exchange (BSE) today, as investors cheered the jump of 49.13% in its net profit for the quarter ended December 31, 2010.
The stock edged higher by 8.44% to touch a high of Rs 235.05 on the BSE.
On the National Stock Exchange, Whirlpool's shares zoomed 9.3% to Rs 238.50.
In terms of volume, over 13 lakh shares of the company were traded on the two bourses.
The company today posted a net profit of Rs 24.10 crore in the October-December quarter as compared with Rs 16.16 crore in the same period last year, Whirlpool said in a filing to the BSE.
Meanwhile, the BSE key index Sensex was trading 321.73 points higher at 18,412.35 in the noon trade.