Meanwhile, the S&P BSE Sensex was up 147.31 points or 0.53% at 27,983.81.

On BSE, so far 31,000 shares were traded in the counter as against average daily volume of 8,333 shares in the past one quarter. The stock hit a high of Rs 306.85 and a low of Rs 288.90 so far during the day. The stock had hit a record high of Rs 314.40 on 24 November 2015. The stock had hit a 52-week low of Rs 144 on 25 August 2015. The stock had outperformed the market over the past one month till 15 July 2016, gaining 20.66% compared with Sensex's 4.15% rise. The scrip had also outperformed the market in past one quarter, advancing 27.25% as against Sensex's 8.62% rise.

The small-cap company has equity capital of Rs 26.66 crore. Face value per share is Rs 10.

On consolidated basis, LT Foods' net profit fell 74.4% to Rs 5.55 crore on 14% growth in net sales to Rs 805.13 crore in Q4 March 2016 over Q4 March 2015.

LT Foods offers branded basmati rice, value-added staples and organic food. L T Foods operations include contract farming, procurement, storage, processing, packaging and distribution. It is also engaged in research and development to add value to rice and rice food products.