Meanwhile, the S&P BSE Sensex was up 71.95 points, or 0.23%, to 30,929.47. The S&P BSE Mid-Cap index was up 93.30 points or 0.64% at 14,645.79.

On BSE, so far 12,000 shares were traded in the counter as against average daily volume of 72,133 shares in the past one quarter. The stock hit a high of Rs 342 and a low of Rs 329.80 so far during the day. The stock had hit a record high of Rs 384.50 on 10 February 2017 and a 52-week low of Rs 226.90 on 29 June 2016.

The stock had outperformed the market over the past one month till 29 June 2017, falling 0.75% compared with 0.81% fall in the Sensex. The scrip, however, underperformed the market in past one quarter, falling 1.64% as against Sensex's 4.49% gains. The scrip, however, outperformed the market in past one year, gaining 46.42% as against Sensex's 15.4% gains.

The mid-cap company has an equity capital of Rs 49.23 crore. Face value per share is Rs 5.

Rating agency CRISIL has revised upwards the credit rating of the company from CRISIL A-/ Stable to CRISIL A/ Stable for long term debt and non convertible debentures. For short term debt, CRISIL has revised the rating upwards from CRISIL A2+ to CRISIL A1.

Himatsingka Seide's net profit rose 31.91% to Rs 43.57 crore on 55.67% rise in total income to Rs 404.05 crore in Q4 March 2017 over Q4 March 2016.

The Himatsingka Group is a vertically integrated home textile major with a global footprint. The Group focuses on the manufacture, retail and distribution of home textile products.