Atul surged 6.83% to Rs 1,344.80 at 9:42 IST on BSE ahead of the meetings of Audit Committee and the board today, 5 December 2014, to consider the merger of Amal (a sick company registered with the BIFR), an associate company, with Atul.
Meanwhile, the S&P BSE Sensex was up 32.34 points or 0.11% at 28,595.16.
On BSE, so far 5,186 shares were traded in the counter as against average daily volume of 13,000 shares in the past two weeks.
The stock hit a high of Rs 1,352 and a low of Rs 1,274.75 so far during the day.
Atul's net profit rose 6.4% to Rs 59.07 crore on 13.4% growth in net sales to Rs 651.24 crore in Q2 September 2014 over Q2 September 2013.
Atul is an integrated chemical company serving about 4,000 customers belonging to 27 industries across the world.
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