Sadbhav Engineering rose 7.18% to Rs 320 at 15:14 IST on BSE after net profit rose 45.45% to Rs 37.73 crore on 15.44% increase in total income to Rs 723.52 crore in Q3 December 2014 over Q3 December 2013.
The result was announced during trading hours today, 12 February 2015.
Meanwhile, the BSE Sensex was up 301.35 points, or 1.06%, to 28,835.32.
On BSE, so far 1.63 lakh shares were traded in the counter, compared with an average volume of 41,647 shares in the past one quarter.
The stock hit a high of Rs 330 so far during the day, which is also a record high for the counter. The stock hit a low of Rs 301.70 so far during the day. The stock hit a 52-week low of Rs 73.15 on 6 March 2014.
The stock had outperformed the market over the past one month till 11 February 2015, rising 18.99% compared with 3.92% rise in the Sensex. The scrip had also outperformed the market in past one quarter, rising 21.02% as against Sensex's 2.24% rise.
The mid-cap company has an equity capital of Rs 17.15 crore. Face value per share is Re 1.
Sadbhav Engineering is counted among the leading infrastructure companies of India. The company's business currently focuses on Infrastructure projects which include construction of roads & highways, bridges, irrigation supporting infrastructure and mining.
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