Meanwhile, the S&P BSE Sensex was down 44 points, or 0.13% to 34,140.04. The S&P BSE Small-Cap index was up 44.40 points, or 0.24% to 18,172.33, outperforming the Sensex.

On the BSE, 36,644 shares were traded in the counter so far, compared with average daily volumes of 76,183 shares in the past one quarter. The stock had hit a high of Rs 118 and a low of Rs 116.45 so far during the day. The stock had hit a record high of Rs 144 on 5 January 2018. The stock had hit a 52-week low of Rs 60.60 on 8 March 2017.

The stock had underperformed the market over the past one month till 28 February 2018, falling 10.4% compared with the Sensex's 5.18% fall. The stock had also underperformed the market over the past one quarter, dropping 3.8% as against the Sensex's 1.68% rise. The scrip had, however, outperformed the market over the past one year, surging 82.51% as against the Sensex's 18.93% rise.

The small-cap company has equity capital of Rs 251 crore. Face value per share is Rs 10.

Sanghi Industries' net profit jumped 598.3% to Rs 32.19 crore on 2.8% rise in net sales to Rs 279.60 crore in Q3 December 2017 over Q3 December 2016.

Sanghi Industries deals in the production and distribution of cement under the brand name "Sanghi Cement".