The company recommended the dividend and declared the result after market hours on Wednesday, 29 February 2012.

Meanwhile, the BSE Sensex was down 172.74 points, or 0.97%, to 17,579.94

On BSE, 2,486 shares were traded in the counter compared with the average daily volume of 173 shares over the past one quarter

The stock hit a 52-week high of Rs 2413.20 in intraday trade today, 1 March 2012. The stock hit a low of Rs 2276 so far during the day. The stock had hit a 52-week low of Rs 1300 on 11 March 2011.

The stock had outperformed the market over the past one month till 29 February 2012, rising 30.61% compared with the Sensex's 3.01% rise. The scrip had also outperformed the market in past one quarter, gaining 30.58% as against 10.90% rise in the Sensex.

The small-cap engineering firm has an equity capital of Rs 1.51 crore. Face value per share is Rs 10.

At the current market price of Rs 2325 and a dividend of Rs 200 per equity, the dividend yield turns to 8.6%.

Disa India's net profit surged 45.2% to Rs 12.37 crore on 33.1% rise in net sales to Rs 58.68 crore in Q4 December 2011 over Q4 December 2010.

The company's net profit rose 50.1% to Rs 22.67 crore on 43.1% rise in net sales to Rs 153.99 crore in the year ended December 2011 over the year ended December 2010.

Disa India manufactures foundry machinery like moulding plants, sand plants and shot blasting machines.