Atul Auto rose 3.47% to Rs 713 at 13:51 IST on BSE after net profit rose 17.08% to Rs 11.31 crore on 12.62% growth in net sales to Rs 138.41 crore in Q3 December 2014 over Q3 December 2013.
The Q3 result was announced during market hours today, 19 January 2015.
Meanwhile, the S&P BSE Sensex was up 181.26 points or 0.64% at 28,303.15.
On BSE, so far 1.57 lakh shares were traded in the counter as against average daily volume of 1.10 lakh shares in the past one quarter.
The stock hit a high of Rs 722 so far during the day, which is a record high for the counter. The stock hit a low of Rs 694.90 so far during the day. The stock had hit a 52-week low of Rs 135 on 24 February 2014.
The stock had outperformed the market over the past one month till 16 January 2015, advancing 14.66% compared with Sensex's 5.01% rise. The scrip had also outperformed the market in past one quarter, galloping 101.2% as against Sensex's 8.16% rise.
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The small-cap company has equity capital of Rs 10.97 crore. Face value per share is Rs 5.
Atul Group is a leading manufacturer of three-wheeler commercial vehicles in Gujarat.
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