Meanwhile, the BSE Sensex was up 179.97 points, or 1.08% to 16,889.57

On BSE, 19.62 lakh shares were traded in the counter as against an average daily volume of 87,560 shares in the past one quarter.

The stock hit high of Rs 372.70 and a low of Rs 317 so far during the day. The stock had hit a 52-week high of Rs 856 on 17 September 2010 and a 52-week low of Rs 296 on 26 August 2011.

The mid-cap stock underperformed the market over the past one month till 14 September 2011, falling 6.45% compared with the Sensex's fall of 0.77%. The stock had also underperformed the market in past one quarter, sliding 35.73% as against Sensex's decline of 8.73%.

The company has an equity capital of Rs 72.16 crore. Face value per share is Rs 10.

BGR Energy Systems' net profit fell 17% to Rs 50.25 crore on 19.2% decline in net sales to Rs 731.18 crore in Q1 June 2011 over Q1 June 2010.

BGR Energy Systems undertakes turnkey project engineering and contracting. It supplies systems and equipment for power and oil & gas sector.