The company announced the new order win after market hours on Wednesday, 12 May 2010.

Meanwhile, the BSE Sensex was up 130.10 points, or 0.76% to 17,325.91.

On BSE, 1.83 lakh shares were traded in the counter as against an average daily volume of 1.59 lakh shares in the past one quarter.

The stock hit a high of Rs 83.30 and a low of Rs 79.50 so far during the day. The stock had hit a 52-week high of Rs 110.85 on 21 October 2009 and a 52-week low of Rs 46.75 on 12 May 2009.

The small-cap stock had underperformed the market over the past one month till 12 May 2010, falling 5.96% as compared to the Sensex's 3.68% decline. It had also underperformed the market in the past one quarter, falling 3.87% as compared to the Sensex's return of 6.46%.

The company's equity capital is Rs 18.57 crore. Face value per share is Rs 2.

Elecon Engineering Company's net profit surged 59.4% to Rs 27.07 crore on 14.1% rise in net sales to Rs 329.09 crore in Q4 March 2010 over Q4 March 2009. The company declared its results on 10 May 2010.