Shares of Godrej Industries on Thursday gained over 2 per cent, after the company posted a consolidated net profit of Rs 179.44 crore for the third quarter ended December 31, 2012.
The stock closed the trade at Rs 308.90, up 2.04 per cent from its previous close on the BSE, in an overall weak stock market. Intra-day, the share moved up by 2.4 per cent to Rs 308.90.
At NSE, the stock settled 2.29 per cent higher at Rs 308.45.
In terms of volume, 1.26 lakh shares of the company changed hands on the BSE, while over 5.31 lakh shares were traded on NSE.
Godrej Industries had yesterday posted a consolidated net profit of Rs 179.44 crore for the December quarter, driven by robust growth in its agri-business segment.
The company had reported a net profit of Rs 84.73 crore in the same period last fiscal.
Total income during the period under review stood at Rs 1,713.14 crore as against Rs 1,453.79 crore in the year-ago period.
The BSE benchmark Sensex ended the day 59.40 points lower at 19,580.32.