The company announced the board meet during trading hours today, 25 January 2010.

Meanwhile, the BSE Sensex was down 108.63 points, or 0.64% to 16,751.05.

On BSE, 23,789 shares were traded in the counter as against an average daily volume of 38,547 shares in the past one quarter.

The stock hit a high of Rs 44.40 and a low of Rs 41 so far during the day. The stock hit a 52-week high of Rs 53 on 11 January 2010 and a lifetime low of Rs 7.75 on 31 March 2009.

The small-cap stock had outperformed the market over the past one month till 22 January 2010, gaining 16.88% as compared to the Sensex's 1% rise. It had also outperformed the market in the past one quarter, soaring 81.50% as compared to the Sensex's return of 0.42%.

The company's equity capital is Rs 18.40 crore. Face value per share is Rs 10.

The current price of Rs 43.20 discounts the company's Q4 September 2009 annualized EPS of Rs 5.07, by a PE multiple of 8.52.

KM Sugar Mills' net profit spurted 119.1% to Rs 2.33 crore on 69.5% fall in net sales to Rs 41.51 crore in Q4 September 2009 over Q4 September 2008.

The company is engaged in manufacturing white crystal sugar that is used for human consumption and in the industries like food, beverage and soft drinks.