Foseco India rose 1.96% to Rs 735 at 10:12 IST on BSE after net profit rose 26.3% to Rs 6.34 crore on 12% increase in net sales to Rs 64.72 crore in Q1 June 2014 over Q1 June 2013.
The result was announced after market hours on Monday, 21 July 2014.
Meanwhile, the BSE Sensex was up 149.49 points, or 0.58%, to 25,864.66.
On BSE, so far 578 shares were traded in the counter, compared with an average volume of 927 shares in the past one quarter.
The stock hit a high of Rs 738 and a low of Rs 725 so far during the day. The stock hit a record high of Rs 825 on 2 July 2014. The stock hit a 52-week low of Rs 409.90 on 18 November 2013.
The stock had outperformed the market over the past one month till 21 July 2014, rising 3.42% compared with 2.43% rise in the Sensex. The scrip had also outperformed the market in past one quarter, rising 35.66% as against Sensex's 12.96% rise.
The small-cap company has an equity capital of Rs 6.39 crore. Face value per share is Rs 10.
Foseco has been associated with the metals industry for over 75 years and is today acknowledged as a world leader in the supply of consumable products for use in the foundry industry with a presence in 32 countries and major facilities in Germany, USA, UK, Brazil, China, India, South Korea and Japan.
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