Meanwhile, the BSE Sensex was up 199.46 points, or 1.27% to 15,938.16.
On BSE, 35,000 shares were traded in the counter as against average daily volume of 17,914 shares in past one quarter.
The stock hit a high of Rs 29.85 and a low of Rs 28.10 so far during the day. The stock had hit a 52-week low of Rs 23.20 on 25 October 2011. The stock had hit a 52-week high of Rs 72 on 3 January 2011.
The stock has surged 12.5% in two trading sessions from Rs 25.90 on Thursday, 22 December 2011, after the company during trading hours on Friday, 23 December 2011, said that it has secured an export order worth $1.3 million from ASEAN market for freight car upgradation.
The small-cap stock had outperformed the market over the past one month till 23 December 2011, surging 15.73% compared with the Sensex's 0.25% rise. The scrip had, however, underperformed the market in past one quarter, declining 8.21% as against 2.62% fall in the Sensex.
The company has an equity capital of Rs 7.60 crore. Face value per share is Rs 10.
On a consolidated basis, Stone India's net profit rose 30% to Rs 1.56 crore on 17.3% growth in net sales to Rs 27.45 crore in Q2 September 2011 over Q2 September 2010.
Stone India is engaged in manufacturing equipment for railways like alternators, air brakes and brake regulators. Apart from this, the company also manufactures color monitors and secondary components for the defense sector.
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