Jamna Auto Industries surged 7.81% to Rs 230.50 at 14:36 IST on BSE after the company said its board of directors will meet on 19 May 2015, to consider stock-split.
The announcement was made during market hours today, 11 May 2015.
Meanwhile, the S&P BSE Sensex was up 296.31 points or 1.09% at 27,401.70.
On BSE, so far 5,035 shares were traded in the counter as against average daily volume of 4,646 shares in the past one quarter.
The stock hit a high of Rs 231.90 and a low of Rs 210 so far during the day. The stock had hit a record high of Rs 264.50 on 3 March 2015. The stock had hit a 52-week low of Rs 77 on 19 May 2014.
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The stock had outperformed the market over the past one month till 8 May 2015, sliding 5.02% compared with Sensex's 5.58% fall. The scrip had also outperformed the market in past one quarter, jumping 18.15% as against Sensex's 5.62% fall.
The small-cap company has equity capital of Rs 39.60 crore. Face value per share is Rs 10.
Jamna Auto Industries reported net profit of Rs 5.44 crore in Q3 December 2014 compared with net loss of Rs 8.28 crore in Q3 December 2013. Net sales rose 54.2% to Rs 257.34 crore in Q3 December 2014 over Q3 December 2013.
Jamna Auto Industries is engaged in the manufacturing of tapered leaf and parabolic springs for commercial vehicles (CVs) manufacturers.
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