The result was announced after market hours on 13 July 2012.

Meanwhile, the BSE Sensex was down 44.53 points, or 0.26%, to 17,169.17.

On BSE, 2.97 lakh shares were traded in the counter as against an average daily volume of 1.60 lakh shares in the past one quarter.

The stock hit a high of Rs 310.80 and a low of Rs 280.05 so far during the day. The stock had hit a 52-week high of Rs 389 on 18 August 2011. The stock had hit a 52-week low of Rs 120 on 3 January 2012.

The stock had outperformed the market over the past one month until 13 July 2012, gaining 22.86% compared with the Sensex's 1.97% rise. The scrip had also outperformed the market in past one quarter, rising 31.86% as against 0.70% rise in the Sensex.

The small-cap company has an equity capital of Rs 39.77 crore. Face value per share is Rs 10.

Andhra Pradesh Paper Mills' net sales declined 3.75% to Rs 186.58 crore in Q2 June 2012 over Q2 June 2011.

Andhra Pradesh Paper Mills manufactures and deals in paper related products. The company manufactures and distributes copier paper, color cards, cover papers, plain paper, and white and color poster paper.