Meanwhile, the BSE Sensex was down 53.93 points, or 0.31% to 17,308.94.

On BSE, 1,366 shares were traded in the counter as against average daily volume of 685 shares over the past one quarter.

The stock hit a high of Rs 2,898 and a low of Rs 2,690.10 so far during the day. The stock had hit a record high of Rs 3,175 on 3 March 2012. The stock had hit a 52-week low of Rs 1,300 on 11 March 2011.

The stock had outperformed the market over the past one month till 5 March 2012, surging 79.7%, compared with Sensex's 1.38% fall. The scrip had also outperformed the market in past one quarter, rising 91.42%, as against Sensex's 3.32% gain.

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

The stock has declined 12.2% in two trading sessions from a recent high of Rs 3,133.20 on 3 March 2012. Before the two-day fall, the Disa India stock had rallied 55.8% in three trading sessions to settle at Rs 3,133.20 on 3 March 2012 from Rs 2,011 on 29 February 2012, on the back of strong Q4 results and on a liberal dividend. The company announced the Q4 December 2011 results after trading hours on 29 February 2012 when the board also declared a liberal dividend of Rs 200 per share for the year ended 31 December 2011.

The dividend yield based on the current market price of Rs 2,750.30 works out to 7.27%.

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

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