BASF India surged 6.09% to Rs 592.70 at 13:47 IST on BSE after net profit jumped 36.11% to Rs 71.68 crore on 27.13% growth in net sales to Rs 1288.84 crore in Q1 June 2012 over Q1 June 2011.
The company announced the results during trading hours today, 1 August 2012.
Meanwhile, the BSE Sensex was up 26.22 points or 0.15% to 17,262.40.
On BSE, 53,045 shares were traded in the counter as against average daily volume of 1,345 shares in the past two weeks.
The stock hit a high of Rs 596.95 and a low of Rs 553.85 so far during the day.
BASF India is a diversified manufacturer of chemicals and specialty chemicals that are used in a number of industries including textiles, paper, construction and paints.
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