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The announcement was made after market hours yesterday, 7 December 2016.
Meanwhile, the S&P BSE Sensex was up 379.10 points or 1.44% at 26,615.97.
On the BSE, 39,000 shares were traded on the counter so far as against the average daily volumes of 59,617 shares in the past one quarter. The stock had hit a high of Rs 92.65 and a low of Rs 87 so far during the day.
The stock had hit a 52-week high of Rs 103 on 10 November 2016 and a 52-week low of Rs 35.50 on 26 February 2016. It had underperformed the market over the past one month till 7 December 2016, sliding 10.02% compared with the Sensex's 4.45% fall. The scrip had, however, outperformed the market in the past one quarter, declining 0.93% as against the Sensex's 9.3% fall.
The small-cap company has equity capital of Rs 27.67 crore. Face value per share is Rs 2.
Gujarat Ambuja Exports' net profit surged 125.3% to Rs 29.83 crore on 8.9% decline in net sales to Rs 629.04 crore in Q2 September 2016 over Q2 September 2015.
Gujarat Ambuja Exports is principally involved in agro-processing and has focus on exports, competing in the global market.
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