Zuari Global rose 1.65% to Rs 67.60 at 11:30 IST on BSE after one of the company's promoters bought an additional 0.52% stake in the firm through a bulk deal on BSE on Monday, 3 March 2014.
Meanwhile, the BSE Sensex was up 73.93 points, or 0.35%, to 21,020.58.
On BSE, so far 530 shares were traded in the counter, compared with an average volume of 24,696 shares in the past one quarter.
The stock hit a high of Rs 69 and a low of Rs 67.50 so far during the day. The stock hit a 52-week high of Rs 88.45 on 11 December 2013. The stock hit a 52-week low of Rs 39.50 on 5 August 2013.
The stock had outperformed the market over the past one month till 3 March 2014, rising 13.58% compared with the Sensex's 3.65% rise. The scrip had, however, underperformed the market in past one quarter, falling 18.25% as against Sensex's 0.44% rise.
The small-cap company has an equity capital of Rs 29.44 crore. Face value per share is Rs 10.
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Zuari Global's chairman Saroj Kumar Poddar acquired 1.54 lakh shares, or 0.52% equity, of the company at Rs 66.49 per share on BSE on Monday, 3 March 2014.
As on 31 December 2013, Saroj Kumar Poddar held 5.32 lakh shares, or 1.81% equity, in the company. Indian promoters held 38.59% in Zuari Global while total promoter holding stood at 64.04%.
Net profit of Zuari Global rose 43.91% to Rs 3.31 crore on 62.69% decline in net sales to Rs 8.48 crore in Q3 December 2013 over Q3 December 2012.
Zuari is a single-window agricultural solution provider. Zuari enables agricultural self-sufficiency and economic independence by providing fertilisers that are both affordable and effective. The company has a manufacturing facility at Goa, with four plants, dedicated to manufacturing urea, DAP and NPK based fertilizers.
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