JBM Auto advanced 2.15% to Rs 71.15 at 10:15 IST on BSE, after net profit rose 26.4% to Rs 3.26 crore on 69.2% surge in net sales to Rs 77.61 crore in Q1 June 2010 over Q1 June 2009.
The company declared its results after market hours on Wednesday, 11 August 2010.
Meanwhile, the BSE Sensex was down 71.86 points, or 0.40% at 17,998.33.
On BSE, 4,541 shares were traded in the counter as against an average daily volume of 7,306 shares in the past one quarter.
The stock hit a high of Rs 72.75 and a low of Rs 70.90 so far during the day. The stock had hit a 52-week high of Rs 81.90 on 5 May 2010 and a 52-week low of Rs 33.80 on 12 August 2009.
The small-cap stock had underperformed the market over the past one month till 11 August 2010, falling 3.60% as compared to the Sensex’s return of 1.33%. It had also underperformed the market in the past one quarter, declining 3.47% as compared to the Sensex’s return of 5.42%.
The company has an equity capital of Rs 10.20 crore. Face value per share is Rs 10.