Meanwhile, the BSE Sensex was up 397.72 points, or 2.79%, 14,647.97.

On BSE, 7,724 shares were traded in the counter. The stock had an average daily volume of 9,946 in the past one quarter.

The stock hit a high of Rs 54.85 and a low of Rs 53 so far during the day. The stock hit a 52-week high of Rs 83.50 on 14 August 2008 and 52-week low of Rs 27.50 on 2 December 2008.

The stock has risen 17.35% in four trading sessions from Rs 45.25 on 13 July 2009. The small-cap stock had outperformed the market over the past one month till 16 July 2009, rising 3.24% as compared to the Sensex's 4.73% fall. It had underperformed the market in the past one quarter, gaining 16.15% as compared to the Sensex's return of 30.17%.

The company's current equity is Rs 7.50 crore. Face value per share is Rs 5.

The current price of Rs 53.10 discounts the company's Q4 March 2009 annualized EPS of Rs 7.57, by a PE multiple of 28.53.

Jayant Agro Organics' net sales fell 37.5% to Rs 159.70 crore in Q1 June 2009 over Q1 June 2008. The company announced the results during trading hours today, 17 July 2009.

The company manufactures caster oil and its derivatives. It manufactures hydrogenated castor oil, castor refined oil, 12 hydroxy stearci acid, fatty acid and other derivatives. The group operates in four segments, namely caster oil, derivatives, power generation and trading.

The company had in February 2009 announced that the promoters did not pledge any of the equity shares of the company.