Rolta shares on a roll, climbs 18% on robust Q2 profit

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.