Torrent Pharmaceuticals rose 2.23% to Rs 902.50 at 9:18 IST on BSE after the company said it has fixed 24 July 2013 record date for 1:1 bonus share issue.
The announcement was made after trading hours on Tuesday, 16 July 2013.
Meanwhile, the S&P BSE Sensex was up 104.90 points or 0.53% at 19,956.13.
On BSE, 774 shares were traded in the counter as against average daily volume of 18,593 shares in the past two weeks.
The stock hit a high of Rs 904 and a low of Rs 893.35 so far during the day.
Torrent Pharmaceuticals reported consolidated net profit of Rs 111 crore in Q4 March 2013, as against net loss of Rs 2 crore in Q4 March 2012. Net sales rose 22.8% to Rs 803 crore in Q4 March 2013 over Q4 March 2012.
Torrent Pharmaceuticals is the flagship company of the Torrent Group. The pharmaceutical firm has focus on the therapeutics areas of diabetology, cardiovascular, central nervous system, gastro-intestinal, anti-infective, pain management and gynecology.
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