The result was announced after market hours on Wednesday, 2 November 2011.

Meanwhile, the BSE Sensex was down 119.37 points, or 0.68%, to 17,345.48.

On BSE, 10,144 shares were traded in the counter as against an average daily volume of 6,467 shares in the past one quarter.

The stock hit a high of Rs 88.75 and a low of Rs 83.55 so far during the day. The stock had hit a 52-week low of Rs 82.05 on 3 October 2011. The stock had hit a 52-week high of Rs 204 on 12 November 2010.

The stock had outperformed the market over the past one month until 2 November 2011, gaining 6.37% compared with the Sensex's 6.15% rise. The scrip had underperformed the market in past one quarter, falling 18.67% as against 3.56% decline in the Sensex.

The small-cap textile company has an equity capital of Rs 23.15 crore. Face value per share is Rs 10.

Net sales rose 15.07% to Rs 514.27 crore in Q2 September 2011 over Q2 September 2010.

RSWM is a textile manufacturer, primarily producing synthetic, blended, mélange, cotton & speciality yarn, fabric and denim.