Yuken India rose 3.74% to Rs 562 at 11:50 IST on BSE, with the stock extending recent strong gains.
Meanwhile, the BSE Sensex was down 2.06 points, or 0.01%, to 27,245.10.
More than usual volumes were traded on the counter. On the BSE, 34,663 shares were traded in the counter so far, compared with an average volume of 3,293 shares in the past one quarter. The stock had hit a high of Rs 572 in intraday trade, which is also a record high for the stock. The stock had hit a low of Rs 544 so far during the day. The stock had hit a 52-week low of Rs 275 on 26 February 2016.
The stock had outperformed the market over the past 30 days till 12 January 2017, rising 43.15% compared with 2.76% rise in the Sensex. The scrip had also outperformed the market in past one quarter, rising 12.63% as against Sensex's 2.97% decline.
The small-cap company has an equity capital of Rs 3 crore. Face value per share is Rs 10.
Shares of Yuken India jumped 33.8% in five sessions to its current ruling price of Rs 562 from a close of Rs 420 on 6 January 2017.
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The market buzz is that a Mumbai-based investor and BSE member, who is frequent on business channels, has been buying the stock for the last few days.
Yuken India's net profit rose 31.2% to Rs 0.42 crore on 11.4% rise in net sales to Rs 56.46 crore in Q2 September 2016 over Q2 September 2015.
The company will announce its Q3 results on 4 February 2017.
Yuken India is a leader in oil hydraulic equipments, which find extensive use in various automation projects and in heavy engineering sector.
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