Meanwhile, the BSE Sensex was up 53.03 points, or 0.28%, to 18,706.90.

On BSE, 1,001 shares were traded in the counter as against an average daily volume of 4,111 shares in the past one quarter.

The stock was currently trading at the day's high. The stock hit a low of Rs 178 so far during the day. The stock had hit a 52-week low of Rs 121.05 on 10 February 2011. The stock had hit a 52-week high of Rs 200 on 8 November 2010.

The stock had outperformed the market over the past one month until 19 July 2011, gaining 7.9% compared with the Sensex's 4.38% rise. The scrip had also outperformed the market in past one quarter, rising 31.46% as against 2.45% decline in the Sensex.

The small-cap company has an equity capital of Rs 5.61 crore. Face value per share is Rs 10.

Before turning ex-dividend, the stock offered a dividend yield of 3.69% based on the closing price of Rs 189.90 on Tuesday, 19 July 2011.

Apcotex Industries' board will meet on 26 July 2011, to consider the audited financial results for Q1 June 2011. The company's net profit rose 65.7% to Rs 3 crore on 30.2% increase in net sales to Rs 60.41 crore in Q4 March 2011 over Q4 March 2010.

Apcotex Industries produces synthetic lattices and synthetic rubber. The company's products include a range of lattices for application in tyre cord dipping, paper/paper board coating, carpet backing, admixture for cement, textile finishing etc. The various grades of synthetic rubber find application in the footwear industry, automotive components, V-belts, conveyor belts, hoses etc.