The company made this announcement during trading hours today, 29 August 2008.

Meanwhile, the BSE Sensex was up 463.44 points, or 3.30%, to 14,511.78.

On BSE, 1,205 shares were traded in the counter. The scrip had an average daily volume of 1,401 shares in the past one quarter.

The stock hit a high of Rs 59 and a low of Rs 52 so far during the day. The stock had hit a 52-week high of Rs 99.25 on 1 January 2008 and a 52-week low of Rs 45 on 23 June 2008.

The small-cap company had outperformed the market over the past one month till 28 August 2008, declining 0.93% compared to the Sensex’s decline of 2.10%. It had also outperformed the market in the past one quarter, declining 6.48% compared to Sensex’s decline of 14.99%.

The company has an equity capital of Rs 3.10 crore. Face value per share is Rs 10.

The current price of Rs 56.35 discounts its Q1 June 2008 annualised EPS of Rs 8.54, by a PE multiple of 6.60.

The company has bagged this order against stiff international competition, it said.

Roto Pumps’ net profit rose 50% to Rs 0.66 crore on 35.1% increase in net sales to Rs 10.63 crore in Q1 June 2008 over Q1 June 2007.

The company is engaged in manufacturing and marketing industrial pumps and spares parts. It also designs, procures and unitizes various equipments like drives, strainers, valves, gauges, and instrumentation required for the pumping system.