Shares of Rolta India today surged over 18 percent after the IT company reported 91 percent jump in second quarter net profit.
Shares of the company opened on a bullish note at Rs 57, then jumped 18.29 percent to touch an early high of Rs 64.65 on BSE.
Similar movement was seen on the National Stock Exchange, where the stock opened at Rs 56.5 and surged by 18.89 percent.
On Friday, Rolta had posted 91.33 percent jump in consolidated net profit at Rs 54.3 crore in the second quarter ended September 30, 2016. It had posted a net profit of Rs 28.38 crore in the same period a year ago.
Overall, the BSE's benchmark Sensex was trading at 26,606.08 points, down 0.53 percent from the previous close.
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
Find the best of Al News in one place, specially curated for you every weekend.
Stay on top of the latest tech trends and biggest startup news.