Astral Poly Technik rose 3.81% to Rs 370.50 at 11:04 IST on BSE after net profit surged 100.9% to Rs 21.32 crore on 28.4% growth in net sales to Rs 264.96 crore in Q3 December 2013 over Q3 December 2012.
The Q3 result was announced after market hours on Wednesday, 5 February 2014.
Meanwhile, the S&P BSE Sensex was down 98.66 points or 0.49% at 20,162.37.
On BSE, so far 6,249 shares were traded in the counter as against average daily volume of 4,467 shares in the past one quarter.
The stock hit a high of Rs 373.65 so far during the day, which is a record high for the counter. The stock hit a low of Rs 363 so far during the day. The stock had hit a 52-week low of Rs 134.04 on 22 March 2013.
The stock had outperformed the market over the past one month till 5 February 2014, advancing 11.36% compared with the Sensex's 2.83% fall. The scrip had also outperformed the market in past one quarter, surging 34.53% as against Sensex's 3.4% fall.
The small-cap company has equity capital of Rs 11.24 crore. Face value per share is Rs 2.
Astral Poly Technik manufactures CPVC plumbing systems for both residential and industrial applications, and also ASTM solvent weld lead free PVC plumbing systems.
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