Uflex jumped 14.99% to Rs 118.90 at 11:24 IST on BSE after consolidated net profit rose 45.9% to Rs 60.10 crore on 17.5% increase in net sales to Rs 1376.87 crore in Q4 March 2014 over Q4 March 2013.
The result was announced after market hours on Friday, 30 May 2014.
Meanwhile, the BSE Sensex was up 230.40 points, or 0.95%, to 24,447.74.
On BSE, so far 3.78 lakh shares were traded in the counter, compared with an average volume of 50,678 shares in the past one quarter.
The stock hit a high of Rs 120.60 so far during the day, which is also a 52-week high for the counter. The stock hit a low of Rs 104.95 so far during the day. The stock hit a 52-week low of Rs 47.50 on 7 August 2013.
The stock had outperformed the market over the past one month till 30 May 2014, rising 20.72% compared with 8.03% rise in the Sensex. The scrip had also outperformed the market in past one quarter, rising 56.90% as against Sensex's 14.66% rise.
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The small-cap company has an equity capital of Rs 72.21 crore. Face value per share is Rs 10.
On a consolidated basis, Uflex's net profit rose 5.9% to Rs 201.64 crore on 13.1% increase in net sales to Rs 5603.34 crore in the year ended March 2014 over the year ended March 2013.
Uflex has integrated its operations from manufacture of polyester chips, films (BOPET, BOPP and CPP - both in plain and metalized form), coated film, laminates, pouches, holographic films gravure cylinders, inks and adhesives to all types of packaging & printing machines, offering total flexible packaging solution.
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