The announcement was made on Saturday, 7 August 2010.

Meanwhile, the BSE Sensex was up 77.87 points, or 0.43% to 18,221.83

On BSE, 7.27 lakh shares were traded in the counter as against an average daily volume of 1.65 lakh shares in the past one quarter.

The stock hit a record high of Rs 224.20 in intra-day trade today, 9 August 2010. It hit a low of Rs 201 so far during the day. The stock had hit a 52-week low of Rs 55 on 12 August 2009.

The small-cap stock outperformed the market over the past one month till 6 August 2010, surging 29.98% as compared to the Sensex's return of 3.01%. It had also outperformed the market in the past one quarter, advancing 43.94% as compared to the Sensex's 6.81% rise.

The company's equity capital is Rs 32.31 crore. Face value per share is Rs 10.

Tilaknagar Industries reported a 53.60% rise in consolidated net profit to Rs 4.87 crore on a 27.50% rise in net sales to Rs 83.92 crore in Q1 June 2010 over Q1 June 2009.