Speciality Restaurants rose 2.28% to Rs 125.50 at 11:04 IST on BSE after Saif India IV FII Holdings bought 15 lakh shares of the company through a bulk deal on Monday, 16 December 2013.
Meanwhile, the BSE Sensex was up 101.77 points, or 0.49%, to 20,761.29.
On BSE, so far 23,000 shares were traded in the counter, compared with an average volume of 25,682 shares in the past one quarter.
The stock hit a high of Rs 128.20 and a low of Rs 124.35 so far during the day. The stock hit a 52-week high of Rs 195.85 on 7 January 2013. The stock hit a record low of Rs 101 on 22 November 2013.
The stock had outperformed the market over the past one month till 16 December 2013, rising 6.28% compared with the Sensex's 1.28% rise. The scrip had, however, underperformed the market in past one quarter, falling 3.27% as against Sensex's 4.65% rise.
The small-cap company has an equity capital of Rs 46.96 crore. Face value per share is Rs 10.
On Monday, 16 December 2013, Saif India IV FII Holdings bought 15 lakh shares of Speciality Restaurants at Rs 124.99 per share from GLIX Securities on the National Stock Exchange (NSE).
As on 30 September 2013, Saif III Mauritius Company held 49.97 lakh shares, or 10.64% stake, while GLIX Securities held 17.32 lakh shares, or 3.69% stake, in Speciality Restaurants.
Speciality Restaurants' net profit fell 21.3% to Rs 4.02 crore on 12.7% increase in net sales to Rs 58.73 crore in Q2 September 2013 over Q2 September 2012.
Speciality Restaurants is the owner of restaurant brands like Mainland China, Flame & Grill, Machaan, Oh! Calcutta, Sigree and Haka.
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