Meanwhile, the BSE Sensex was up 64.61 points, or 0.41%, 15,734.92.

On BSE, 47,557 shares were traded in the counter. The stock had an average daily volume of 34,199 shares in the past one quarter.

The stock hit a high of Rs 26.80 and a low of 25.50 so far during the day. The stock hit a 52-week high of Rs 59.50 on 4 August 2008 and a 52-week low of Rs 17.05 on 6 March 2009.

The small-cap stock had underperformed the market over the past one month till 31 July 2009, falling 13.04% as compared to the Sensex's 8.12% rise. It had also underperformed the market in the past one quarter, rising 0.60% as compared to the Sensex's return of 37.42%.

The company's current equity is Rs 219.98 crore. Face value per share is Rs 10.

The current price of Rs 26.60 discounts the company's Q1 June 2009 annualized EPS of Rs 3.44, by a PE multiple of 7.73.

Sanghi Industries' net sales fell 14.5% to Rs 191.49 crore in Q1 June 2009 over Q1 June 2008. The company declared the results after market hours on Friday, 31 July 2009.

Sanghi Industries manufactures clinker and cement products. Its plant is located at Gujarat. It markets the products in India and international markets.