Kanoria Chemicals & Industries surged 6.57% to Rs 25.95 at 11:41 IST on BSE after the company reported a net profit of Rs 10.19 crore in Q3 December 2013 as against net loss of Rs 2.48 crore in Q3 December 2012.
The Q3 result was announced after market hours on Tuesday, 11 February 2014.
Meanwhile, the S&P BSE Sensex was up 126.74 points or 0.62% at 20,490.11.
On BSE, so far 20,000 shares were traded in the counter as against average daily volume of 12,902 shares in the past one quarter.
The stock hit a high of Rs 26.55 and a low of Rs 25.50 so far during the day. The stock had hit a 52-week high of Rs 39 on 11 February 2013. The stock had hit a 52-week low of Rs 22.70 on 20 December 2012.
The stock had underperformed the market over the past one month till 11 February 2014, sliding 9.14% compared with the Sensex's 1.9% fall. The scrip had also underperformed the market in past one quarter, declining 1.81% as against Sensex's 0.62% fall.
The small-cap company has equity capital of Rs 23.92 crore. Face value per share is Rs 5.
Kanoria Chemicals & Industries' net sales rose 42.2% to Rs 83 crore in Q3 December 2013 over Q3 December 2012.
Kanoria Chemicals & Industries is one of the leading manufacturers of chemical intermediates in India.
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