DCM Shriram Industries rose 1.88% to Rs 32.50 at 12:14 IST on BSE after net profit rose 29.3% to Rs 4.32 crore on 25.1% growth in net sales to Rs 371.62 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 85.87 points or 0.42% at 20,175.16.
On BSE, so far 1,563 shares were traded in the counter as against average daily volume of 804 shares in the past one quarter.
The stock hit a high of Rs 35 and a low of Rs 32 so far during the day. The stock had hit a 52-week high of Rs 46.95 on 19 February 2013. The stock had hit a 52-week low of Rs 28.05 on 30 August 2013.
The stock had underperformed the market over the past one month till 5 February 2014, sliding 8.86% compared with the Sensex's 2.83% fall. The scrip had, however, outperformed the market in past one quarter, declining 0.31% as against Sensex's 3.4% fall.
The small-cap company has equity capital of Rs 17.40 crore. Face value per share is Rs 10.
DCM Shriram Industries is based in Northern India with a portfolio of products comprising of sugar, alcohol, fine chemicals and rayon tyrecord.
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