Sensex has soared 214 points to trade at 28,023 levels while the Nifty has surged 55 points to quote at 8,476 mark
The stock dipped 5% to Rs 58.25 after reporting a 56.5% year-on-year decline in net profit at Rs 66 crore in the March quarter.
The company has reported a better-than-expected 17.5% YoY growth in net profit at Rs 118 crore in the March quarter.
Speculators created fresh positions amid a firming trend overseas
At 12:15, the 30-share Sensex was higher by 215 points at 28,024 and the Nifty gained 57 points at 8,478