Atul Auto surged 4.63% to Rs 484.90 at 9:53 IST on BSE after the company said its board of directors will meet on 26 June 2014, to consider stock-split.
The announcement was made after market hours on Thursday, 19 June 2014.
Meanwhile, the S&P BSE Sensex was up 32.10 points or 0.13% at 25,233.90.
On BSE, so far 5,055 shares were traded in the counter as against average daily volume of 4,628 shares in the past two weeks.
The stock hit a high of Rs 499.95 so far during the day, which is a record high for the counter. The stock hit a low of Rs 478 so far during the day.
Atul Auto's net profit rose 11.9% to Rs 8.45 crore on 17.1% growth in net sales to Rs 112.31 crore in Q4 March 2014 over Q4 March 2013.
Atul Group is a leading manufacturer of three-wheeled commercial vehicles in the state of Gujarat.
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