Tata Coffee gained 4.54% to Rs 1,021.60 at 09:36 IST on BSE after the company's board of directors at its meeting held yesterday, 25 November 2014, approved a 10-for-1 stock split.
The announcement was made after market hours yesterday, 25 November 2014.
Meanwhile, the S&P BSE Sensex was up 7.22 points or 0.03% at 28,345.27
On BSE, so far 71,739 shares were traded in the counter as against average daily volume of 28,432 shares in the past one quarter.
The stock hit a high of Rs 1,030 and a low of Rs 990 so far during the day. The stock had hit a 52-week high of Rs 1,090 on 10 January 2014. The stock had hit a 52-week low of Rs 869.90 on 18 February 2014.
The small-cap company has equity capital of Rs 18.68 crore. Face value per share is Rs 10.
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On consolidated basis, Tata Coffee's net profit surged 351.2% to Rs 32.36 crore on 11% decline in net sales to Rs 405.53 crore in Q2 September 2014 over Q2 September 2013.
Tata Coffee is Asia's largest coffee plantation company and the 3rd largest exporter of instant coffee in the country.
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