Shares of Jindal Poly Films jumped 6.1% to Rs 287.75.

Meanwhile, the BSE Sensex was up 298.91 points, or 1.1%, to 27,425.48

On BSE, so far 1.47 lakh shares were traded in Jindal Photo the counter with pending buy orders of 10,696 shares at upper circuit. The scrip had an average daily volume of 1,780 shares in the past one quarter.

The stock hit a high of Rs 210.60 and a low of Rs 170.05 so far during the day. The stock had a 52-week high of Rs 258.15 on 25 August 2014 and a 52-week low of Rs 97 on 30 January 2014.

The small-cap photographic equipment maker has an equity capital of Rs 10.26 crore. Face value per share is Rs 10.

Jindal Photo scheduled a meeting of the Board of Directors of the company on 29 December 2014, to discuss and approve a Scheme of Arrangement between the company and Jindal Poly Films. The announcement was made during market hours today, 19 December 2014.

Jindal Photo reported a net profit of Rs 0.16 crore in Q2 September 2014 compared with net loss of Rs 12.39 crore in Q2 September 2013. Total income declined 12.9% to Rs 80.89 crore in Q2 September 2014 over Q2 September 2013.

Jindal Photo manufactures photographic supplies. The company produces photographic film, and markets digital and film cameras.

Jindal Photo is market leader in the photographic business segment in India, for marketing & selling the consumer photo imaging products under Kodak brand and Medical X-Ray under Fujifilm brand.