Meanwhile, the BSE Sensex was down 5.19 points, or 0.02%, to 27,769.69.

On BSE, so far 99,000 shares were traded in the counter, compared with average daily volume of 1.15 lakh shares in the past one quarter. The stock hit a high of Rs 129.75 and a low of Rs 123.85 so far during the day. The stock hit a 52-week high of Rs 168.40 on 2 August 2016. The stock hit a 52-week low of Rs 21 on 25 August 2015. The stock had underperformed the market over the past 30 days till 10 August 2016, sliding 23.56% compared with 0.12% decline in the Sensex. The scrip had, however, outperformed the market in past one quarter, rising 21.96% as against Sensex's 7.70% rise.

The small-cap company has equity capital of Rs 16.19 crore. Face value per share is Rs 2.

Dalmia Bharat Sugar & Industries' net sales rose 29.3% to Rs 342.51 crore in Q1 June 2016 over Q1 June 2015.

The company said its earnings before interest, taxes, depreciation and amortization (EBITDA) surged 309.52% to Rs 86 crore in Q1 June 2016 over Q1 June 2015. EBITDA surged on account of improved realisations for integrated operations and improved sales volume for distillery. The company has registered 31% increase in sugar realisations coupled with 14% increase in distillery realisations in Q1 June 2016 over Q1 June 2015.

The distillery sales volume increased 67% to 9,008 kiloliters (KL) in Q1 June 2016 over Q1 June 2015 on account of additional sales volumes generated in Q1 June 2016 from Kolhapur, Maharashtra as distillery unit was commissioned at the end of financial year ended March 2016 (FY 2016).

The company said it is focused towards building sustainable business model. The company with a risk mitigating intent diversified into new higher productivity region, Maharashtra, and has developed capabilities by building an efficient operational platform by increasing the share of contribution of Maharashtra to 30% of the total capacity in near term. The company also strengthened its footprints in Uttar Pradesh by enriching recoveries in FY 2016 which was the highest ever reported by the company in its history as well as the highest reported amongst groups in UP. The company said it is committed to optimize cost further and add value to its operations and stakeholders.