The announcement was made after market hours on Wednesday, 26 September 2012.

Meanwhile, the BSE Sensex was up 71.73 points, or 0.38% to 18,703.90

On BSE, 8.45 lakh shares were traded in the counter as against average daily volume of 2.42 lakh shares in the past one quarter.

The stock hit a high of Rs 70.90 and a low of Rs 67.70 so far during the day. The stock had hit a 52-week low of Rs 35.30 on 22 December 2011. The stock had hit a 52-week high of Rs 79.95 on 17 February 2012.

The small-cap stock had outperformed the market over the past one month till 26 September 2012, rising 45.08% compared with the Sensex's 4.77% rise. The scrip had also outperformed the market in past one quarter, surging 44.30% as against Sensex's 10.21% gain.

The company has an equity capital of Rs 59.02 crore. Face value per share is Rs 2.

On a consolidated basis, Anant Raj Industries' net profit rose 1% to Rs 35.43 crore on 18% rise in net sales to Rs 98.88 crore in Q1 June 2012 over Q1 June 2011.

Anant Raj Group is one of the leading construction and infrastructure developers in North India.