Harita Seating Systems hit an upper circuit limit of 20% at Rs 323 at 15:12 IST on BSE after net profit rose 204.76% to Rs 4.48 crore on 8.87% rise in net sales to Rs 72.45 crore in Q2 September 2015 over Q2 September 2014.
The result was announced after trading hours yesterday, 2 November 2015.
Meanwhile, the BSE Sensex was up 63.42 points, or 0.24%, to 26,622.57.
On BSE, so far 52,000 shares were traded in the counter, compared with an average volume of 2,573 shares in the past one quarter.
The stock hit a high of Rs 323 so far during the day, which is also a record high for the counter. The stock hit a low of Rs 304 so far during the day. The stock hit a 52-week low of Rs 137.10 on 3 November 2014.
The stock had outperformed the market over the past one month till 2 November 2015, rising 27.76% compared with 1.29% rise in the Sensex. The scrip had also outperformed the market in past one quarter, rising 20.50% as against Sensex's 5.53% decline.
The small-cap company has an equity capital of Rs 7.77 crore. Face value per share is Rs 10.
Harita Seating Systems manufactures automobile seats for cars, jeeps and trucks.
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