Meanwhile, the BSE Sensex was up 114.80 points, or 0.62% at 18,782.39.

On BSE, 717 shares were traded in the counter as against an average daily volume of 2,254 shares in the past one quarter.

The stock hit a high of Rs 559.30 and a low of Rs 544 so far during the day. The stock had hit a 52-week high of Rs 663.80 on 10 August 2010 and a 52-week low of Rs 285 on 3 November 2009.

The small-cap stock had outperformed the market over the past one month till 8 September 2010, rising 3.71% as compared to the Sensex's return of 2.88%. It had also outperformed the market in the past one quarter, gaining 20.43% as compared to the Sensex's return of 12.33%.

The company has an equity capital of Rs 6.63 crore. Face value per share is Rs 10.

Before turning ex-dividend, the stock offered a dividend yield of 3.46% based on closing price of Rs 577.60 on Wednesday, 8 September 2010.

Kothari Products' net profit tumbled 91.8% to Rs 1.22 crore on 120% surge in net sales to Rs 96.44 crore in Q1 June 2010 over Q1 June 2009.