Meanwhile, the S&P BSE Sensex was up 118.26 points or 0.46% at 25,759.82.

On BSE, so far 944 shares were traded in the counter as against average daily volume of 3,173 shares in the past one quarter.

The stock hit a high of Rs 864.70 so far during the day, which is a record high for the counter. The stock hit a low of Rs 810 so far during the day. The stock had hit a 52-week low of Rs 300.15 on 3 March 2014.

The stock had outperformed the market over the past one month till 18 July 2014, surging 27.17% compared with Sensex's 1.57% rise. The scrip had also outperformed the market in past one quarter, jumping 96.7% as against Sensex's 13.31% rise.

The small-cap company has equity of Rs 12.07 crore. Face value per share is Rs 5.

Shares of Greenply Industries have rallied 13.68% in two trading sessions from Rs 749.75 on 17 July 2014, after the company during market hours on Friday, 18 July 2014, reported strong Q1 June 2014 earnings. The stock had surged 7.58% to settle at Rs 806.55 on Friday, 18 July 2014.

Greenply Industries' net profit surged 33.9% to Rs 30.23 crore on 7.5% growth in net sales to Rs 516.74 crore in Q1 June 2014 over Q1 June 2013.

Greenply Industries is a renowned player in the plywood and laminate industry in India.