The stock zoomed to a high of Rs 111.40 and finally settled at Rs 110, up 8% from the previous close.

The counter witnessed trades of 569,584 shares as compared to the two-week daily average traded volumes of 268,962 shares on the BSE.
______________________________________________________

(Updated at 1210hrs)

Polaris Software has advanced today after posting a 18% growth in Q1 net profit.

Also Read   Related Stories News Now - IT stocks rally post Infy results, Index up 12% - Global cues, corporate earnings fuel Sensex rally - Sensex ends up 533pts - Most active stocks on the BSE - Sensex continues to gain, up 420pts - Sensex near day's high

Also Read   Related Stories News Now - Markets end lower ahead of May F&O expiry - Parsvnath posts Rs 23 cr loss in Q4 - Educomp net down 57% at Rs 61 cr in Jan-Mar qtr - DLF Q4 net plunges 39% to Rs 211 cr - Provogue Q4 net profit down 71% at Rs 1.81 cr More

The counter has witnessed trades of 176,572 shares on the BSE so far.

The company has reported a 18% growth in net profit for the first quarter to Rs 31.83 crore as compared to Rs 27.01 crore in the same quarter last year.

Income from sales has advanced to Rs 325.52 crore as against Rs 316.97 crore in the corresponding quarter, a year ago.

New Ipad Application :Business Standard's all new IPad App Click here to download for free Other Stories      - Markets end lower ahead of May F&O expiry - Parsvnath posts Rs 23 cr loss in Q4 - Educomp net down 57% at Rs 61 cr in Jan-Mar qtr - DLF Q4 net plunges 39% to Rs 211 cr - Provogue Q4 net profit down 71% at Rs 1.81 cr

Tags : gainers & losers | BSE | Polaris Software   Read Business news in  Advertisements -  India's no. 1 Property Site. Click here to know more -   -  "Discover The Power of One" -  Help a Child Achieve her. Click to know more -  Watch The Film Here. Click here to know more.. -  Learn How One City is Running on FOOD SCRAPS. -  1 billion in saving for Unilever without any tangles. -  A Brand New Server at a Price That Fits Your Budget. Click here -  One Partnership Endless Possibilities. Click here to know more -  Helping doctors detect diseases earlier, saving costs & extending lives. -  Which is the best plan for your daughter -  Check out the TRUE COLOURS of your Stocks, Now for FREE! -  One of the leading business schools in the world.Know More -  2 Lac Apartments, 1 Lac House / Plots. Click here