Usher Agro surged 6.3% to Rs 53.15 at 13:49 IST on BSE after net profit rose 25.9% to Rs 21.07 crore on 63.1% growth in net sales to Rs 452.98 crore in Q2 December 2014 over Q2 December 2013.
The Q2 result was announced on Saturday, 14 February 2015.
Meanwhile, the S&P BSE Sensex was up 131.41 points or 0.45% at 29,226.34.
On BSE, so far 66.000 shares were traded in the counter as against average daily volume of 55,929 shares in the past one quarter.
The stock hit a high of Rs 54.70 and a low of Rs 52.45 so far during the day. The stock had hit a 52-week high of Rs 62.90 on 13 November 2014. The stock hit a 52-week low of Rs 28.20 on 20 March 2014.
The stock had underperformed the market over the past one month till 13 February 2015, advancing 1.94% compared with Sensex's 6.09% rise. The scrip had also underperformed the market in past one quarter, declining 9.83% as against Sensex's 4.13% rise.
The small-cap company has equity capital of Rs 38.06 crore. Face value per share is Rs 10.
Usher Agro's products include rice, wheat, wheat products, foodstuffs & food grains. The products are marketed under the brand name Rasoi Raaja.
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