Essel Propack rose 3.96% to Rs 43.35 at 12:07 IST on BSE after consolidated net profit rose 23.45% to Rs 28.69 crore on 10.38% increase in net total income from operations to Rs 526.07 crore in Q2 September 2013 over Q2 September 2012.
The result was announced after market hours on Friday, 25 October 2013.
Meanwhile, the BSE Sensex was up 36.40 points, or 0.18%, to 20,719.92.
On BSE, 37,000 shares were traded in the counter compared with average volume of 49,745 shares in the past one quarter.
The stock hit a high of Rs 44.40 and a low of Rs 42.60 so far during the day. The stock hit a 52-week high of Rs 46.55 on 10 December 2012. The stock hit a 52-week low of Rs 29.80 on 28 March 2013.
The stock had outperformed the market over the past one month till 25 October 2013, rising 12.55% compared with the Sensex's 4.17% rise. The scrip had, however, underperformed the market in past one quarter, rising 2.21% as against Sensex's 4.44% rise.
The small-cap company has an equity capital of Rs 31.42 crore. Face value per share is Rs 2.
Essel Propack is a specialized packaging company promoted by Essel Group. The company is the world's largest manufacturer of laminated tubes and has 24 state-of-art facilities in 12 countries across four continents.
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