Meanwhile, the BSE Sensex was down 34.38 points, or 0.12%, to 29,013.81.

More than usual volumes were witnessed on the counter. On the BSE, 3.25 lakh shares were traded in the counter so far, compared with average daily volumes of 2.01 lakh shares in the past one quarter. The stock had hit a high of Rs 147.55 in intraday trade, which is also a 52-week high for the stock. The stock hit a low of Rs 140.60 so far during the day. The stock had hit a 52-week low of Rs 75.25 on 21 September 2016.

The stock had outperformed the market over the past one month till 6 March 2017, gaining 17.98% compared with 2.14% rise in the Sensex. The scrip had also outperformed the market in past one quarter, jumping 62.15% as against Sensex's 10.06% gains.

The small-cap company has equity capital of Rs 7.10 crore. Face value per share is Rs 2.

Shares of D-Link India had surged 13.95% to Rs 140.95 in a single session on 1 March 2017 after the company announced that its subsidiary and its promoter entered into partnership in delivering a cloud-based device management platform. The announcement was made on 28 February 2017.

D-Link Corp, promoter of D-Link India and TeamF1 Networks (TeamF1), a subsidiary of D-Link India announced their partnership in delivering mydlink Business, a cloud-based device management platform featuring ease, value, and scalability for small and medium-sized businesses (SMB). TeamF1 Networks is a leader in embedded networking and security software solutions for wired and wireless applications.

The stock had slumped 6% to Rs 132.50 in the subsequent session on 2 March 2017. The stock rose 7.92% in three sessions to the current ruling price of Rs 145, from close of Rs 132.50 on 2 March 2017.

D-Link India's net profit rose 27.8% to Rs 9.10 crore on 7.48% decline in net sales to Rs 186.69 crore in Q3 December 2016 over Q2 September 2016.

D-Link India is engaged in the design, manufacture and marketing of advanced networking, broadband, digital, voice and data communications solutions.