The announcement was made after market hours on Thursday, 9 December 2010.

Meanwhile, the BSE Sensex was up 98.77 points, or 0.51%, to 19,341.13.

On BSE, 19,000 shares were traded in the counter as against an average daily volume of 85,988 shares in the past one quarter.

The stock hit a high of Rs 36.40 and a low of Rs 34 so far during the day. The stock had hit a 52-week low of Rs 33.65 on Thursday, 9 December 2010. The scrip had hit 52-week high of Rs 60 on 28 July 2010

The stock had underperformed the market over the past one month till 9 December 2010, falling 24.15% compared with the Sensex's 8.07% fall. It also underperformed the market in past one quarter, tumbling 35.66% as against 2.35% rise in the Sensex.

The small-cap hotel and resort chain operator has an equity capital of Rs 42.41 crore. Face value per share is Rs 10.

On a consolidated basis, Viceroy Hotels' net profit spurted 119.2% to Rs 0.57 crore on 20.2% increase in net sales to Rs 25.20 crore in Q2 September 2010 over Q2 September 2009.