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Shares of Bombay Dyeing and Mfg Co rose as much as 12.22 per cent to Rs 135, their biggest per cent gain since March 12.
The company on Thursday posted net profit of Rs 1,253 crore ($180.85 mln) versus Rs 1,095 crore, boosted by its real estate unit.
The company's revenue from the real estate segment was Rs 2,354 crore, compared with Rs 406 crore a year ago.
Around 2.2 million shares changed hands by 0424 GMT, compared with the 30-day average of about 2.2 million shares. The stock is trading at its highest level since April 18.
As of Thursday's close, the stock has risen 5.76 per cent this year ($1 = 69.2825 rupees).
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