Singer India surged 3.78% to Rs 157.70 at 12:38 IST on BSE after net profit rose 45.06% to Rs 2.35 crore on 37.44% rise in total income from operations (net) to Rs 65.37 crore in Q4 June 2014 over Q4 June 2013.
Meanwhile, the BSE Sensex was up 66.46 points, or 0.25%, to 26,626.61
On BSE, so far 1.27 lakh shares were traded in the counter, compared with an average volume of 31,804 shares in the past one quarter.
The stock hit a 52-week high of Rs 165 in intraday trade today, 28 August 2014. The stock hit a low of Rs 148.50 so far during the day. The stock hit a 52-week low of Rs 69.45 on 14 March 2014.
The stock had outperformed the market over the past one month till 27 August 2014, rising 57.46% compared with 1.66% rise in the Sensex. The scrip had also outperformed the market in past one quarter, surging 75.77% as against Sensex's 8.19% rise.
The small-cap company has an equity capital of Rs 10.74 crore. Face value per share is Rs 10.
Singer India's net profit fell 54.5% to Rs 6.97 crore on 23.65% rise in total income from operations (net) to Rs 243.89 crore in the year ended 30 June 2014 over the year ended 30 June 2013.
Singer India is engaged in sewing machines and other consumer durable business.
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