KCP rose 3.15% to Rs 67.20 at 13:15 IST on BSE after consolidated net profit jumped 85.77% to Rs 13.45 crore on 1.83% rise in total income from operations to Rs 166.71 crore in Q4 March 2015 over Q4 March 2014.
The Q4 result was announced during market hours today, 19 May 2015.
Meanwhile, the S&P BSE Sensex was up 118.74 points or 0.43% at 27,806.04.
On BSE, so far 9,187 shares were traded in the counter as against average daily volume of 24,805 shares in the past one quarter.
The stock hit a high of Rs 68.10 and a low of Rs 66 so far during the day. The stock had hit a 52-week high of Rs 86.60 on 15 January 2015. The stock had hit a 52-week low of Rs 30.15 on 16 May 2014.
The stock had outperformed the market over the past one month till 18 May 2015, rising 0.54% compared with Sensex's 2.65% fall. The scrip had also outperformed the market in past one quarter, gaining 1.96% as against Sensex's 5.57% fall.
The small-cap company has equity capital of Rs 12.89 crore. Face value per share is Re 1.
KCP said that the board of directors of the company at its meeting held on 18 May 2015, inter alia, has recommended dividend of Re 0.75 per share for the year ended 31 March 2015 (FY 2015).
KCP is a 74 year old diversified business group with interests in Cement, Heavy Engineering, Sugar, Power and IT. It has 9 manufacturing locations over various geographies in India and Vietnam.
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