Meanwhile, the S&P BSE Sensex was up 33.91 points, or 0.11%, to 31,307.20. The S&P BSE Small-Cap index was up 94.38 points or 0.62% at 15,405.55.

Bulk deal boosted volume on the scrip. On the BSE, 8.05 lakh shares were traded on the counter so far as against the average daily volumes of 53,444 shares in the past one quarter. The stock hit a high of Rs 154 in intraday trade so far, which is record high for the counter. The stock had hit a low of Rs 140.50 so far during the day. The stock had hit a 52-week low of Rs 75.80 on 26 December 2016.

The small-cap company has equity capital of Rs 26.14 crore. Face value per share is Rs 2.

Deepak Nitrite's net profit rose 0.97% to Rs 20.76 crore on 4.5% decline in net sales to Rs 320.73 crore in Q4 March 2017 over Q4 March 2016.

Deepak Nitrite is a multi-division and multi-product company. The company's portfolio is a wide spectrum of products with diverse applications ranging from agrochemicals, rubber, pharmaceuticals, paper, textile, detergent, colourants, and petrochemicals to speciality and fine chemicals.