The shares of KRBL on Friday were up as much as 8.5 percent to ₹247.65.
The basmati rice processor posted 35.4 percent jump in June-quarter profit to ₹136 crore ($19.63 million) against ₹100 crore. Its revenue jumped 64 percent to ₹1,218 crore. The stock's PE is at 10.68, well below sector average of 67.85.
The shares are down 19 percent this year, as of last close.