The company declared the results during trading hours today, 29 November 2011.

Meanwhile, the BSE Sensex was down 129.23 points, or 0.8% to 16,037.90.

On BSE, 194 shares were traded in the counter as against average daily volume of 2,045 shares in the past one quarter.

The stock hit a high of Rs 363.80 and a low of Rs 356 so far during the day. The stock had hit a 52-week low of Rs 330.55 on 31 January 2011. The stock had hit a 52-week high of Rs 515 on 6 December 2010.

The small-cap stock had outperformed the market over the past one month till 28 November 2011, falling 8.33% compared with the Sensex's 9.2% fall. The scrip had, however, underperformed the market in past one quarter, declining 13.26% as against 2.01% rise in the Sensex.

The company has an equity capital of Rs 15.11 crore. Face value per share is Rs 10.

Automotive Axles' net profit rose 30.6% to Rs 57.56 crore on 51.2% spurt in net sales to Rs 1012.49 crore for the year ended 30 September 2011 over the year ended 30 September 2010.

Automotive Axles' board at its meeting held today, 29 November 2011, recommended a final dividend of Rs 10 per share for the year 2010-11.

Automotive Axles is engaged in manufacturing drive axle assemblies for commercial vehicles.