Yuken India rose 3.06% to Rs 646.05 at 13:52 IST on BSE, with the stock extending recent strong gains.
Meanwhile, the BSE Sensex was down 78.16 points, or 0.29%, to 27,210.01.
On the BSE, so far 21,000 shares were traded in the counter, compared with average daily volumes of 5,032 shares in the past one quarter. The stock had hit a high of Rs 666 so far during the day, which is also a record high for the counter. The stock had hit a low of Rs 596 so far during the day.
The stock hit a 52-week low of Rs 275 on 26 February 2016. The stock had outperformed the market over the past 30 days till 16 January 2017, rising 53.26% compared with the 3.01% rise in the Sensex. The scrip had also outperformed the market in past one quarter, rising 40.53% as against Sensex's 2.72% decline.
The small-cap company has equity capital of Rs 3 crore. Face value per share is Rs 10.
Shares of Yuken India jumped 53.82% in seven sessions from a close of Rs 420 on 6 January 2017.
More From This Section
Recent media reports indicated 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.
Powered by Capital Market - Live News