Meanwhile, the BSE Sensex was up 72.45 points or 0.39% to 18,781.43.

The stock surged on high volumes. On BSE, 18.36 lakh shares were traded in the counter as against average daily volume of 1.40 lakh shares in the past one quarter.

The stock hit a low of Rs 91.95 so far during the day. The stock had hit a 52-week high of Rs 102.50 on 22 February 2012. The stock had hit a record low of Rs 45.05 on 22 December 2011.

The stock had outperformed the market over the past one month till 8 October 2012, jumping 27.08% as compared with Sensex's 5.4% gain. The scrip had also outperformed the market in past one quarter, surging 12.83% as against Sensex's 6.78% rise.

The small-cap company has equity capital of Rs 243.26 crore. Face value per share is Rs 10.

Shares of D B Realty have jumped 14.47% in two trading sessions from Rs 86.70 on 5 October 2012, after the company after market hours on 5 October 2012 said its board of directors at its meeting held on Friday, 5 October 2012 has approved issuing upto 3.70 crore warrants on preferential basis to promoters/promoter group. The stock had surged 9.05% to settle at Rs 94.55 on Monday, 8 October 2012.

Each warrant is convertible into one equity share of the company. In this context, the company will hold an extraordinary general meeting (EGM) on 3 November 2012, to seek shareholders approval.

D B Realty reported consolidated net loss of Rs 2.08 crore in Q1 June 2012, compared with net profit of Rs 41.14 crore in Q1 June 2011. Net sales declined 61.7% to Rs 84.92 crore in Q1 June 2012 over Q1 June 2011.

D B Realty is a real estate developer in India. The company's expanding portfolio consists of 70 million square feet (sq ft) of property. Most of the company's projects are based in and around Mumbai, and are under various stages of planning and construction.