The stock soared 19.99 per cent to hit its 1-year high of Rs 1,186.90 on BSE.
On NSE, it rose sharply by 19.99 per cent to Rs 1,194.95 -- its 52-week high.
V-Guard Industries yesterday reported an over two-fold rise in net profit at Rs 41.97 crore for the March quarter as against Rs 20.07 crore in the same period of the previous fiscal.
Net sales rose 16.04 per cent to Rs 510.07 crore during the quarter under review compared with Rs 439.53 crore a year earlier, the company had said in a BSE filing.
The company's net sales grew to Rs 1,849.77 crore during the fiscal compared with Rs 1,730.47 crore in 2014-15.
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