The stock zoomed to a high of Rs 111.40 and finally settled at Rs 110, up 8% from the previous close.
The counter witnessed trades of 569,584 shares as compared to the two-week daily average traded volumes of 268,962 shares on the BSE.
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(Updated at 1210hrs)
Polaris Software has advanced today after posting a 18% growth in Q1 net profit.
The stock opened at Rs 104, touched a low of Rs 103.60. The stock advanced to a high of Rs 107. The scrip is now trading at Rs 105, up over 3.5% from the previous close.
The counter has witnessed trades of 176,572 shares on the BSE so far.
The company has reported a 18% growth in net profit for the first quarter to Rs 31.83 crore as compared to Rs 27.01 crore in the same quarter last year.
Income from sales has advanced to Rs 325.52 crore as against Rs 316.97 crore in the corresponding quarter, a year ago.