The company made this announcement during trading hours today, 3 February 2010.

Meanwhile, the BSE Sensex was up 340.85 points, or 2.11% to 16,504.29.

On BSE, 1.84 lakh shares were traded in the counter as against an average daily volume of 12,858 shares in the past one quarter.

The stock hit a high of Rs 215 so far during the day, which is an all time for the counter. The stock hit a low of Rs 194 so far during the day. The stock had hit a 52-week low of Rs 48.15 on 9 March 2009.

The small-cap stock had outperformed the market over the past one month till 2 February 2010, rising 19.56% as compared to the Sensex's 7.45% fall. It had also outperformed the market in the past one quarter, surging 57.39% as compared to the Sensex's return of 1.68%.

The company's equity capital is Rs 7.98 crore. Face value per share is Rs 10.

The current price of Rs 212 discounts the company's Q3 December 2009 annualized EPS of Rs 32.68, by a PE multiple of 6.49.

The company would invest in phases over next three financial years in machinery, utilities and other fixed assets. The funds are to be financed mainly from internal resources, the company said in a filing with BSE.

Kabra Extrusion Technik's net profit galloped 572.2% to Rs 6.52 crore on 42.5% rise in net sales to Rs 49.14 crore in Q3 December 2009 over Q3 December 2008.

Kabra Extrusion Technik manufactures plastic extrusion machines used to make PVC pipes, profiles, sections and granules. It also manufactures cheese winders required by PP/HPPE tape plants.