Navin Fluorine International spurted 15.5% to Rs 755 at 10:27 IST on BSE after net profit jumped 107.6% to Rs 14.20 crore on 32.7% growth in net sales to Rs 145.58 crore in Q3 December 2014 over Q3 December 2013.
The Q3 result was announced after market hours yesterday, 20 January 2015.
Meanwhile, the S&P BSE Sensex was up 143.75 points or 0.5% at 28,928.42.
On BSE, so far 92,000 shares were traded in the counter as against average daily volume of 4,284 shares in the past one quarter.
The stock hit a high of Rs 784.40 so far during the day, which is a record high for the counter. The stock hit a low of Rs 720 so far during the day. The stock had hit a 52-week low of Rs 255.10 on 20 February 2014.
The stock had outperformed the market over the past one month till 20 January 2015, surging 15.65% compared with Sensex's 5.16% rise. The scrip had also outperformed the market in past one quarter, advancing 9.25% as against Sensex's 8.91% rise.
The small-cap fluorochemicals maker has equity capital of Rs 9.77 crore. Face value per share is Rs 10.
Navin Fluorine International belongs to a reputed industrial house of Arvind Mafatlal Group in India. It has largest integrated fluorochemicals complex in India, since 1967.
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