Meanwhile, the BSE Sensex was up 15.26 points, or 0.06%, to 24,378.31.

On BSE, so far 3.30 lakh shares were traded in the counter, compared with an average volume of 27,835 shares in the past one quarter.

The stock hit a high of Rs 253 so far during the day, which is also a 52-week high for the counter. The stock hit a low of Rs 218 so far during the day. The stock hit a 52-week low of Rs 130.05 on 21 October 2013.

The stock had outperformed the market over the past one month till 19 May 2014, rising 13.24% compared with 7.66% rise in the Sensex. The scrip had, however, underperformed the market in past one quarter, rising 16.30 as against Sensex's 17.57% rise.

The small-cap company has an equity capital of Rs 27.80 crore. Face value per share is Rs 10.

GMO Emerging Domestic Opportunities Fund purchased 6.44 lakh shares of J Kumar Infraprojects at Rs 215.06 each on NSE and 4.75 lakh shares at Rs 215 on BSE.

Simultaneously, on NSE, Cresta Fund and Long Life Realtors sold 4 lakh equity shares at Rs 215 each and 2 lakh shares at Rs 215.25 each, respectively. Sai Prasad Estate Ventures LLP sold 1.5 lakh shares at Rs 220.89.

On BSE, Prakhar Advisors & Traders sold 1.77 lakh shares at Rs 215.02 per share and Priti Ravindra Lad sold 1.40 lakh shares at Rs 215.03 per share on same day. Sai Prasad Estate Ventures LLP sold 1.50 lakh shares at Rs 215.10 per share.

Net profit of J Kumar Infraprojects rose 0.20% to Rs 19.70 crore on 6.83% rise in net sales to Rs 268.95 crore in Q3 December 2013 over Q3 December 2012.

J Kumar Infraprojects is a civil engineering company focussed on construction of roads, flyovers, civil construction of buildings, irrigation projects and piling works.