The stock had gained 1.04% to Rs 804.45 on Wednesday, 5 May 2010, after the company declared its results after market hours on Tuesday, 4 May 2010.

Meanwhile, the BSE Sensex was down 91.94 points, or 0.54% to 16,996.02.

On BSE, 10,784 shares were traded in the counter as against an average daily volume of 3,301 shares in the past one quarter.

The stock hit a high of Rs 852.90 so far during the day, which is a record high for the counter. The stock hit a low of Rs 803 so far during the day. The stock had hit a 52-week low of Rs 135 on 5 May 2009.

The stock has risen 5.42% in three trading sessions from a recent low of Rs 782.10 on 3 May 2010, boosted by the turnaround Q4 results.

The company's equity capital is Rs 9.48 crore. Face value per share is Rs 5.

WABCO TVS India's net sales spurted 172.6% to Rs 191.89 crore in Q4 March 2010 over Q4 March 2009.

Net profit jumped 121.3% to Rs 78.59 crore on 38.8% increase in net sales to Rs 591.26 crore in the year ended March 2010 over the year ended March 2009.

At the time of announcing the results, the board of directors of the company recommended a dividend at the rate of Rs 2.50 per share (50%) for the year ended March 2010.